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    Statistics for Business and Economics Study Set 4
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    Exam 14: Time Series: Descriptive Analyses, Models, and Forecasting Available on CD
  5. Question
    The Tendency of a Series of Values to Increase or Decrease
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The Tendency of a Series of Values to Increase or Decrease

Question 44

Question 44

Multiple Choice

The tendency of a series of values to increase or decrease over a long period of time is known as the _______ of a time series.


A) seasonal variation
B) cyclical fluctuation
C) secular trend
D) residual effect

Correct Answer:

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