A __________ component is present in a time series if a general upward or downward movement can be observed in the data.
A)seasonal
B)trend
C)cyclical
D)random

Name: A __________ component is present in a time series if a general upward or downward movement can be observed in the data. A)seasonal B)trend C)cyclical D)random
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Question

A __________  component is present in a time series if a general upward or downward movement can be observed in the data.
A)seasonal
B)trend
C)cyclical
D)random

Quizplus · Accepted Answer

A trend component in a time series indicates a general upward or downward movement in the data over time, reflecting long-term progression.

A __________ Component Is Present in a Time Series