Gradual shifting of a time series to relatively higher or lower values over a long period of time is called
A)periodicity.
B)a cycle.
C)seasonality.
D)a trend pattern.

Question

Quizplus · Accepted Answer

The gradual shifting of a time series to relatively higher or lower values over a long period of time is referred to as a trend pattern. A trend indicates a long-term increase or decrease in the data. Periodicity refers to repeating patterns of cycles, such as daily or weekly fluctuations, while seasonality refers to a pattern that repeats annually, such as holiday sales or seasonal temperature changes.

Gradual Shifting of a Time Series to Relatively Higher or Lower