Of the four different components of a time series, cyclical variation is the one most likely to exhibit the long-term direction of the data.

Name: Of the four different components of a time series, cyclical variation is the one most likely to exhibit the long-term direction of the data.
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Question

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Trend component, not cyclical variation, is the one that most likely exhibits the long-term direction of the data in a time series.

Of the Four Different Components of a Time Series, Cyclical