The ___________ component of a time series reflects the long-run decline or growth in a time series.
A)Trend
B)Seasonal
C)Cyclical
D)Irregular

Name: The ___________ component of a time series reflects the long-run decline or growth in a time series. A)Trend B)Seasonal C)Cyclical D)Irregular
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Question

Quizplus · Accepted Answer

The trend component of a time series reflects the long-run decline or growth in a time series. This component can be depicted using methods such as moving averages or regression models.

The ___________ Component of a Time Series Reflects the Long-Run