Which of the following components in the time series is more likely to exhibit the relative steady growth of the population of Egypt from 1959 to 2009?
A)the trend component
B)the cyclical component
C)the seasonal component
D)the irregular component

Question

Quizplus · Accepted Answer

The trend component shows the long-term direction of a time series and is often used to analyze long-term growth or decline. Therefore, the trend component is more likely to exhibit the relative steady growth of the population of Egypt from 1959 to 2009.

Which of the Following Components in the Time Series Is