The upward or downward movement that characterizes a time series over a period of time is referred to as ____.

Question

Quizplus · Accepted Answer

The movement that takes place over a period of time is referred to as a trend. The other options are:
A) seasonal - refers to regular fluctuations in a time series that occur due to seasonal factors
B) cyclical - refers to fluctuations in a time series that occur due to economic cycles
D) irregular - refers to random fluctuations or unpredictable occurrences in a time series.

The Upward or Downward Movement That Characterizes a Time Series