Time-series analysis is often used to
A) assess developing trends.
B) correct errors of judgment.
C) reflect performance relative to some norm.
D) standardize results.

Question

Quizplus · Accepted Answer

Time-series analysis is used to identify and understand trends in data over time. It can help in forecasting future trends and assessing the effectiveness of past actions. Time-series analysis does not correct errors of judgment, reflect performance relative to some norm, or standardize results.

Time-Series Analysis Is Often Used to