Consider the following to answer the question(s) below:
Annual estimates of the population in a certain city from 1999 (t = 1) onward are shown in the time series graph below.
-The dominant component in this time series is
A) cyclical
B) randomness
C) seasonality
D) trend
E) No time series component is dominant.

Question

Consider the following to answer the question(s) below:
Annual estimates of the population in a certain city from 1999 (t = 1) onward are shown in the time series graph below. 
-The dominant component in this time series is
A) cyclical 
B) randomness 
C) seasonality 
D) trend 
E) No time series component is dominant.

Quizplus · Accepted Answer

The time series shows a clear upward trend over the years, indicating that the dominant component is trend.

Consider the Following to Answer the Question(s) Below