autocorrelation

Definition

The correlation of a variable with itself over successive time intervals. also called serial correlation.

Use autocorrelation in a sentence

You need to try and find a way to use autocorrelation to figure out a way to improve how your business runs.

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We had a guy on our staff that would do autocorrelation for the day and figure out things we needed to know.

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The autocorrelation showed the specific relationship of the variables which was useful in understanding the nature of the business operations.

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