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1. Which Time Series Component shows business variations in the pattern? _________________________ yt Cyclical effect Actual time series Seasonal variation Secular trend Secular trend 1

1. Which Time Series Component shows business variations in the pattern? _________________________

yt Cyclical effect Actual time series Seasonal variation Secular trend Secular trend 1 2 3 4 5 1 2 3 4 5 2 3 4 5 Time (years) Time (years) Time (years)

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