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Data Science · Q37

Time Series Analysis

Computer Related · Data Science · question 37

Q37

In time series analysis, what is the primary objective of "residual analysis"?

A.
To identify seasonality in the data
B.
To test for autocorrelation in the residuals
C.
To remove outliers from the data
Answer
D.
To assess the model's goodness of fit

Answer: Option C

Solution

Answer: Option C
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