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STAT1600 (7 time-series (7.1 time series data (time series data, time…
STAT1600
7 time-series
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7.3 linear trend model
construct the linear trend model: b1, b0
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training data, holdout data
forecast bias
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1 descriptive statistics
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1.3 numerical summaries
central location: mean, median, mode
variability: standard deviation, variance, range, interquartile range
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