Chapter 1: Introduction to InflxDb

  • InfluxDb is a time series database
  • Most commonly time series data is a sequence of measurements taken at successive equally spaced points in time
  • Motivation for time series data analysis:
    • monitoring industrial processes
    • tracking corporate business metrics
    • measuring natural phenomenas, e.g.: heights of ocean tides
    • daily closing value of a stock exchange
  • Applications of Time Series Analysis:
    • Economic Forecasting
    • Budgetary Analysis
    • Workload Projections
    • Inventory Studies
  • Can also be used to draw erroneous conclusions: correlation_greece_facebook.png

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