Time series data are data collected on a particular observation over a period of time. Times series data are known to have some properties that violate the classical linear regression assumptions which makes times series data require some level of technicalities in order to analyse.
Time series data can not just be analyzed using the normal classical linear regression but instead it has to go through some series of test to determine the best regression tools to use.
Download and read Analyzing time series data using Eviews to understand how a time series data is being treated before it is analyzed. This PDF shows you all the necessary things you need to do with a step by step picture guide.
Take your time to read and you won’t regret.
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