Author Question: Trend refers to a. the long-run shift or movement in the time series observable over several ... (Read 59 times)

ss2343

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Trend refers to
 a. the long-run shift or movement in the time series observable over several periods of time.
  b. the outcome of a random experiment.
  c. the recurring patterns observed over successive periods of time.
  d. the short-run shift or movement in the time series observable for some specific period of time.

Question 2

An effective display of trend and magnitude is achieved by using a combination of a
 a. time series plot and sparklines. b. line chart and trendlines.
  c. heat map and sparklines. d. bubble chart and trendlines.



amy.lauersdorf90

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Answer to Question 1

a
RATIONALE: Trend refers to the long-run shift or movement in the time series observable over several periods of time.

Answer to Question 2

c
RATIONALE: The combination of a heat map and sparklines is an effective way to display both trend and magnitude.



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