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Can you explain the concept of a time series analysis?

Easy difficulty

Easy questions are your warm-up, designed to build confidence and ease you into the interview process. Think of them as a way to showcase your fundamental skills and basic knowledge.

Technical question

Technical questions probe into your industry-specific knowledge and skills. They require precise answers and are an opportunity to show your expertise and practical abilities in your field.

Here's a hint

When answering this question, make sure to cover what a time series is, its components (trend, seasonal, and irregular components), and the importance or applications of time series analysis in real-world scenarios.

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