time-series analysis

a branch of statistics that involves the analysis of changes in a single variable recorded repeatedly over time. The data may have an internal structure (e.g., autocorrelation, trend, seasonal variation) that should be accounted for and that provides input allowing for the prediction of future values of the variable. Compare cross-sectional analysis.

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Psychology term of the day

May 9th 2024

reciprocal

n. the number that when multiplied by another number gives a result of 1. The reciprocal of x is therefore 1/x and that of 1/x is x. So, for example, 1/4 is the reciprocal of 4.