The time-series component that reflects a long-term, relatively smooth pattern or direction exhibited by a time series over a long time period is called trend.
Correct Answer:
Verified
Q8: Any variable that is measured over time
Q15: The effect that business recessions and prosperity
Q37: A time series can consist of four
Q67: A time series regression equation for a
Q69: A time series regression equation measuring the
Q72: A time series regression equation measuring the
Q73: The cyclical variation component of a time
Q75: A time series regression equation for a
Q116: In determining monthly seasonal indexes for natural
Q191: The most commonly used measures of forecast
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents