Of the four different components of a time series, the trend component is the one most likely to exhibit the relatively steady growth of the population of the Australian from about 10 million in 1960 to about 20 million in 2000.

Question

Quizplus · Accepted Answer

The trend component captures the long-term, relatively steady changes in a time series. Therefore, it is likely to exhibit the growth of the Australian population over several decades.

Of the Four Different Components of a Time Series, the Trend