Many economic time series are characterized by exponential growth.
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I want to do multiple regression on a number of economic time series with the aim of forecasting the independant variable.
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The pair were given the award for their use of statistical methods for economic time series, the Royal Swedish Academy of Sciences said.
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Torsten Persson, chairman of the Economy Prize committee, said Granger's research in cointegration " has completely transformed statistical models with economic time series ."
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_2003 : Robert F . Engle, United States, and Clive W . J . Granger, Britain, for their use of statistical methods for economic time series.
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2003 _ Robert F . Engle, United States, and Clive W . J . Granger, Britain, for their use of statistical methods for economic time series.
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An analysis of economic time series by means of the Hurst exponent using rescaled range and Detrended fluctuation analysis is conducted by econophysicist A . F . Bariviera.
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The theory that stock prices move randomly was earlier proposed by Maurice Kendall in his 1953 paper, " The Analysis of Economic Time Series, Part 1 : Prices ".
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The construction of economic time series involves the estimation of some components for some dates by interpolation between values ( " benchmarks " ) for earlier and later dates.
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The St . Louis Fed's research division maintains FRED ( Federal Reserve Economic Data ), a database of over 237, 000 economic time series from 68 national, international, private and public sources.
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