_________ component of time series refers to the erratic time-series movement that follow no recognizable or regular pattern.
A)Trend
B)Seasonal
C)Cyclical
D)Irregular

Question

Quizplus · Accepted Answer

The irregular component of time series refers to the unpredictable, random movements in the time series that do not follow a recognizable pattern. Trends are long-term patterns in the series, seasonal patterns repeat at regular intervals, and cyclical patterns have no fixed repetition but occur due to economic or societal factors.

_________ Component of Time Series Refers to the Erratic Time-Series