Discrete Time Series by Accumulation/Examples
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Examples of Discrete Time Series by Accumulation
Rainfall
An example of a discrete time series obtained by accumulation of a quantity would be the contents of a collector of rainfall.
At the end of each time period, usually a day, the rainfall is collected from the container and its volume is measured.
The container is emptied again, ready for the rainfall to be collected over the next period.
Batch Process
Consider a manufacturing plant which outputs a product at some variable rate.
The output can yield a discrete time series, obtained by accumulation of this output over a specified time period.