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Author Question: The averaging effect means that as you average more and more observations from a given distribution, ... (Read 61 times)

lidoalex

  • Hero Member
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  • Posts: 538
on: Jun 24, 2018
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


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jxjsniuniu

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

b

Answer to Question 2

TRUE


lidoalex

  • Member
  • Posts: 538
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

mohan

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  • Posts: 362
Reply 3 on: Yesterday
Excellent

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