Author Question: Trend refers to: a. the long-run shift or movement in the time series observable over several ... (Read 417 times)

urbanoutfitters · **on:** Jun 24, 2018

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 at some specific period of time.

Question 2

True or False If six points in a row are all headed either upward or downward, or if nine points in a row are on the same side of the centerline, the process is judged to be out of control.
Indicate whether the statement is true or false