Professional Documents
Culture Documents
DMA 2 QQPlots & Time Series Graphs
DMA 2 QQPlots & Time Series Graphs
Series_Graphs
By Prof. Mangal S. Dandekar
What is a time series graph?
A time series graph is a line graph that shows data such as measurements, sales or
frequencies over a given time period. They can be used to show a pattern or trend in
the data and are useful for making predictions about the future such as weather
The horizontal axis always shows the time period, and the vertical axis represents
known as quarters.
The coordinates are plotted and then joined together with straight line
segments. It is important that the axis labels are clear so that the time
A trendline is difficult to plot for a time series when the data is clearly
fluctuating (rising and falling values over time). This type of data can be
moving average.
Example 1: drawing a time series graph (year and quarters)
Interpreting a time series graph
A line of best fit is required when analysing a trend in a time series or to
far more accurate to draw a moving average than a line of best fit.
We cannot use correlation descriptors for data represented in a time series plot
as we are not comparing two variables, we are tracking one variable over a
period of time.
Example 4: describe the trend in the data
Below is a time series showing the number of people attending the cinema over a three week period.
As we need to describe the trend in the data, we
can see that the gradient of the line of best fit is
slightly positive (going upwards). This means that
the number of people attending the cinema is
gradually increasing over the time period.
For example, the median is a quantile where 50% of the data fall
below that point and 50% lie above it.
Normal quantile-quantile (QQ) plot