Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

multiple choice 1 cross sectional pattern seasonality trend cyclical pattern multiple choice 2 trend compnent irregular component cyclical compnent seasonal component I am not sure

multiple choice 1

cross sectional pattern

seasonality

trend

cyclical pattern

multiple choice 2

trend compnent

irregular component

cyclical compnent

seasonal component

I am not sure which choice is correct or not. please advice

image text in transcribed
Question 2 "-05 f 0-12 "*5 In forecasting and time series analysis, trend is not present in a time series The time series component that exhibits a repeating pattern over successive periods. often oneiyear intervals is called seasonal component . Answer 1: trend Answer 2: seasonal component

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Microeconomics

Authors: Hal R. Varian

9th edition

978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968

Students also viewed these Mathematics questions