What do you mean by time series? Briefly explain the importance of time series analysis. 

Time series refers to a sequence of data points collected or recorded at successive points in time. This type of data is commonly used in various fields, including economics, finance, environmental science, and business, to analyze patterns, trends, and behaviors over a period. Time series data typically involves observations or measurements taken at regular intervals, such as daily, monthly, or ______ ______ ____ ____ ______ _________ ____ ___ ____ _____ __________ _____.
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