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Q5 (a) QUESTION 5 a) Determine the appropriate component of time series for the situation below: The courier services industry continues to grow year after

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Q5 (a)

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QUESTION 5 a) Determine the appropriate component of time series for the situation below: The courier services industry continues to grow year after year due to the emergency of new technology. The increase in sales of face- masks due to pandemic Coronavirus (COVlD-19). The higher occupancy rate at Merrinton Hotel during weekends compared to the rate during weekdays. Affordable smartphone sales shoot up as demand grows due to e-leaming needs. The income of self-employed falls dramatically due to recession

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