In this class, we will be learning about Time series analysis and analyzing our data according to the time basis.
Here, we will be preparing a chart to show how data gets different over and after time.
We especially use a Line chart to represent time series analysis.
Hierarchy: Power BI automatically creates a hierarchy of time so that we can check our data according to year, quarter, months, days, etc; which is very essential for time series
Note: For example, if we check our data in monthly analysis, it will show the summation of a particular month from all the given years.
That is why it is particularly used for seasonality.
Conclusion: We learned about hierarchy and how to use this in time series analysis to get the most output in your result.