Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Explore a wealth of knowledge from professionals across various disciplines on our comprehensive Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.
Sagot :
The time series component which reflects gradual shifts or movements to relatively higher or lower values over a longer period of time is a trend pattern. (Option D)
A time series refers to a collection of observations of well-defined data items obtained through repeated measurements over time. Generally, a time series is a sequence taken at successive equally spaced points in time and thus it is a sequence of discrete-time data. An observed time series comprises of three components: the trend (long term direction), the seasonal (systematic, calendar related movements) and the irregular (unsystematic, short term fluctuations). A trend pattern occurs when there is a long-term increase or decrease in the series. It is the gradual shifts or movements to higher or lower values over a period.
Note: The question is incomplete as it is missing options which are A) seasonal pattern. B) cyclical pattern. C) trend and seasonal pattern. D) trend pattern.
Learn more about Time series:
https://brainly.com/question/20344588
#SPJ4
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.
