On 10/1/2007 8:39 AM, Megh Dal wrote: > Hi, Can anyone give me a good explanation about what is the difference > between Stochastic Process and Time Series? In my knowledge Time series > process is one type of Stochastic process. Am I right? I need a further > explanation.
You're partly right. When thinking in terms of probability theory, "time series" usually means a stochastic process with a discrete time index. But "time series" is also used to mean an observed series of observations indexed by time, and I think the closest thing for a stochastic process would be "a realization of a stochastic process". So "time series" is not just a special case of "stochastic process". Duncan Murdoch ______________________________________________ [email protected] mailing list https://stat.ethz.ch/mailman/listinfo/r-help PLEASE do read the posting guide http://www.R-project.org/posting-guide.html and provide commented, minimal, self-contained, reproducible code.
