In the context of time series analysis, what does the acronym ARIMA stand for?
- Advanced Regression for Integrated Models and Analysis
- Arithmetic Recursive Integrated Moving Average
- Autoregressive Integrated Moving Average
- Average Range of Integrated Moving Analysis
ARIMA stands for Autoregressive Integrated Moving Average. It is a popular time series forecasting method that combines autoregression, differencing, and moving average components.
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