An overall upward or downward pattern in an annual time series would be contained in which component of the times series? - Mathematics and Statistics

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MCQ

An overall upward or downward pattern in an annual time series would be contained in which component of the times series?

Options

  • Trend

  • Cyclical

  • Irregular

  • Seasonal

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Solution

Trend.

Concept: Components of a Time Series
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Chapter 4: Time Series - Miscellaneous Exercise 4 [Page 68]

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Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 4 Time Series
Miscellaneous Exercise 4 | Q 1.07 | Page 68
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