The results of a time-series analysis are best represented by a(n)
A) equation with two variables.
B) chart or graph showing past trends and predicted future trends.
C) verbal summary of expert opinions.
D) pie chart of the various components of the analysis.

Question

Quizplus · Accepted Answer

Time-series analysis involves analyzing past trends to make predictions about future trends. The best way to represent these results is through a chart or graph that shows both the past trends and predicted future trends. An equation with two variables may be used as part of the analysis, but it does not represent the results in a clear and comprehensive way. Verbal summaries of expert opinions and pie charts are not sufficient to represent the results of a time-series analysis.

The Results of a Time-Series Analysis Are Best Represented by A(n)