data science course singapore data science course singapore | Page 27
Lag plot
• Plots a variable against its own lagged sample
• Brings out possible associaHon between successive samples
• Example: Monthly sale of VCRs by a music store in a year
= Number of VCRs sold in Hme period t
= Number of VCRs sold in Hme period t – k
© 2013 ExcelR Solutions. All Rights Reserved