Multiple Choice
Which of the following statements relating to the residual component of a time series model is NOT true?
A) The residual component may include factors not relating to the seasonal and trend components
B) The residual component may include 'random' unpredictable factors
C) The residual component may include daily or weekly fluctuations
D) The residual component may include long-term cyclic fluctuations
Correct Answer:
Verified
Correct Answer:
Verified
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