non stationarity

How to Detect Non-Stationarity?

Detecting non-stationarity involves statistical techniques such as:
1. Visual Inspection: Plotting the time series data can provide initial insights into trends and seasonal patterns.
2. Statistical Tests: Tests like the Augmented Dickey-Fuller (ADF) test and the Kwiatkowski-Phillips-Schmidt-Shin (KPSS) test help determine the presence of non-stationarity.

Frequently asked queries:

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