In a random series,successive observations are probabilistically independent of one another.If this property is violated,the observations are said to be
A)autocorrelated.
B)intercorrelated.
C)causal.
D)seasonal.

Question

Quizplus · Accepted Answer

When observations in a series are not independent, meaning the value of one observation can predict the value of another, they are said to be autocorrelated. This is in contrast to a random series where each observation is independent of the others.

In a Random Series,successive Observations Are Probabilistically Independent of One