The averaging effect means that as you average more and more ...

[lidoalex]

The averaging effect means that as you average more and more observations from a given distribution, the variance of the average:
 a. increases
  b. decreases
  c. is unaffected
  d. could either increase, decrease, or stay the same

Question 2

A trend component of a time series is a long-term, relatively smooth pattern or direction exhibited by a series, and its duration is more than one year.
 a. True
  b. False
   Indicate whether the statement is true or false

[jxjsniuniu]

Answer to Question 1

b

Answer to Question 2

TRUE

[lidoalex]

Gracias!

[debra928]

Thanks for the timely response, appreciate it