Thank you so much for clarifying the difference between Stochastic Process and Time Series. I think, for me, the reasonability of the validity of time series is easy to accept since it is observed. For the stochastic process, what I am curious about is how sure are we that there was a "pdf" for 1980 for example? Where is this "pdf" based on? Like for the first ever year, did we later on find out that there was a "pdf" in the background?
I watched a lot of videos as well as read many articles to understand the difference, But here is the best explanation.
Thank you so much for clarifying the difference between Stochastic Process and Time Series. I think, for me, the reasonability of the validity of time series is easy to accept since it is observed.
For the stochastic process, what I am curious about is how sure are we that there was a "pdf" for 1980 for example? Where is this "pdf" based on?
Like for the first ever year, did we later on find out that there was a "pdf" in the background?
Good Job J.
VERY GOOD! Thx!!
amazing video thank you
'Promo sm'