Question: Leverages a model, e . g . a stochastic model, to predict future values based on previously observed values. A possible approach to time series

Leverages a model, e.g. a stochastic model, to predict future values based on previously observed values. A possible approach to time series analysis and forecasting is to assume the time series is a realization i.e. an indexed set of observed values of a given stochastic process.

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