Multiple Choice
Which of the following terms describes the overall long-term tendency of a time series?
A) Seasonal component
B) Cyclical component
C) Trend
D) Irregular component
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q66: Instruction 14-3<br>The number of cases of
Q67: Instruction 14-21<br>Given below are the average
Q68: Given a data set with 15 yearly
Q69: Instruction 14-19<br>The number of train passengers arriving
Q70: The fairly regular fluctuations that occur within
Q72: Instruction 14-3<br>The number of cases of
Q74: Quantitative forecasting methods are highly subjective and
Q75: Instruction 14-8<br>The number of cases of
Q76: Instruction 14-21<br>Given below are the average
Q105: For a price index,it is preferable to