Explain SERIAL CORRELATION: “As prices vary from day to day, you might expect to see patterns. If the price is high on Monday, you might expect it to be high for a few more days; and if it’s low, you might expect it to stay low. A pattern like this is called serial correlation, because each value is correlated with the next one in the series. To compute serial correlation, we can shift the time series by an interval called a lag, and then compute the correlation of the shifted series with the original... 'Autocorrelation' is another name for serial correlation, used more often when the lag is not 1.”[downey] See also correlation.
Different definitions in web development like serial correlation in Dictionary S.
- Manual S Curve:
- Meaning showing, for each month since smartphones originally became available, how many people in the US bought their first one. The line would rise slowly at first, when only the early adopters got them serial correlation definition.
- Manual Standard Normal Distribution:
- Meaning distribution with a mean of 0 and a standard deviation of 1. When graphed, it’s a bell-shaped curve centered around the y axis, where x=0. See also normal distribution, mean, standard deviation serial correlation explain.
- Manual SQL:
- Meaning query language for relational databases. Variations of this extremely popular language are often available for data storage systems that aren't strictly relational; watch for the phrase “SQL serial correlation what is.
- Manual Scalar:
- Meaning “Designating or of a quantity that has magnitude but no direction in space, as volume or temperature — n. a scalar quantity: distinguished from vector”[websters] See also vector serial correlation meaning.
- Manual SAS:
- Meaning A commercial statistical software suite that includes a programming language also known as SAS serial correlation abbreviation.
