Multiple Choice
A given time-series is said to have a time-trend if
A) an unexpected shift in time-series data.
B) the data trend upward or downward over time.
C) a number of outliers in cross-section data.
D) an independent variable is correlated with the dependent variable but there is no theoretical justification for the relationship.
Correct Answer:
Verified
Correct Answer:
Verified
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