Time-series data may exhibit which of the following behaviors?
A)Trend
B)Seasonality
C)Cycles
D)Irregularities
E)All of the above

Question

Time-series data may exhibit which of the following behaviors?
A)Trend 
B)Seasonality 
C)Cycles 
D)Irregularities 
E)All of the above

Quizplus · Accepted Answer

Time-series data can exhibit trends, seasonality, cycles, and irregularities. Trends refer to long-term changes in the data, while seasonality refers to regular patterns that repeat over shorter intervals, such as monthly or quarterly. Cycles are longer-term patterns that may not have a fixed length, such as economic booms and busts. Irregularities or noise are random fluctuations in the data that cannot be explained by the underlying patterns. Therefore, all of the above behaviors may be exhibited in time-series data.

Time-Series Data May Exhibit Which of the Following Behaviors