Filtering of Time Series
q Time filtering technique is used to remove or to retain variations at
particular bands of frequencies from the time series.
q There are three types of filtering:
(1) High-Pass Filtering
      keep high-frequency parts of the variations and remove low-
frequency parts of the variations.
(2) Low-Pass Filtering
      keep low-frequency and remove high-frequency parts of the
variations.
(3) Band-Pass Filtering
     remove both higher and lower frequencies and keep only certain
frequency bands of the variations.