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Test your understanding with targeted questions related to the topic.
Question 1
Easy
Define missing data in time series analysis.
π‘ Hint: Think about data points that are not recorded.
Question 2
Easy
What is an outlier?
π‘ Hint: Consider extreme values that stand apart.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is a common issue caused by missing data?
π‘ Hint: Consider how absence affects prediction ability.
Question 2
True or False: Outliers should always be removed from a dataset to improve model accuracy.
π‘ Hint: Think about the nature of outliers.
Solve 2 more questions and get performance evaluation
Push your limits with challenges.
Question 1
You are working with a sales forecasting model, and you notice that every December, sales spike unusually due to holiday trends. How would you handle these spikes when defining outliers?
π‘ Hint: Consider seasonality patterns and regular trends.
Question 2
A company observes that customer behavior is changing significantly over the years, reflected in their purchase patterns. How could they identify and address concept drift in their forecasting models?
π‘ Hint: Think about continuous validation and adaptation.
Challenge and get performance evaluation