The model y_t = T_t×C_t×S_t×R_t that assumes the time series value at time t is the product of the four time series components is referred to as: A)additive model B)forecast model C)moving averages model D)multiplicative model

Question

Quizplus · Accepted Answer

The model y_t = T_t×C_t×S_t×R_t that assumes the time series value at time t is the product of the four time series components is referred to as a multiplicative model. This is because it multiplies the four components to get the forecasted value. The other options, additive model, forecast model, and moving averages model, do not accurately describe this specific type of model.

The Model Yt = Tt×Ct×St×Rt That Assumes the Time Series

The Model Y_t = T_t×C_t×S_t×R_t That Assumes the Time Series