Gradual shifting or movement of a time series to relatively higher or lower values over a longer period of time is called
A) seasonality.
B) a cycle.
C) indexing.
D) trend.

Question

Gradual shifting or movement of a time series to relatively higher or lower values over a longer period of time is called​
A) seasonality.
B) a ​cycle.
C) ​indexing.
D) ​trend.

Quizplus · Accepted Answer

Gradual shifting or movement of a time series to relatively higher or lower values over a longer period of time is called a trend. Seasonality refers to predictable patterns that repeat each year or season, while a cycle refers to regular patterns that occur over multiple years. Indexing is a method for adjusting values to a common base period or benchmark.

Gradual Shifting or Movement of a Time Series to Relatively