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Author Question: A seasonal effect in a time series is relatively long-term effect compared to a cyclical effect. ... (Read 1106 times)

NguyenJ

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on: Jun 24, 2018
A seasonal effect in a time series is relatively long-term effect compared to a cyclical effect.
 
  Indicate whether the statement is true or false

Question 2

What does it mean for two events to be independent?
 
  What will be an ideal response?
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mohan

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

Two events are independent if P(AB) = P(A). In other words, two events are independent if the probability of one event is not dependent or related to the probability of the other event.


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