This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Even if you were to account for the trend, seasonal components, and smooth irregular cycles, you ... (Read 72 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
on: Jul 24, 2018
Even if you were to account for the trend, seasonal components, and smooth irregular cycles, you would still not be able to perfectly explain or predict a time series plot. Why not?

Question 2

How can a time series plot mislead the reader into thinking that a trend in the data is long term, when in fact it is only short term?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Toya9913

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 24, 2018
Answer to Question 1

RANDOM FLUCTUATIONS ARE PART OF THE NATURAL VARIABILITY PRESENT IN ALL MEASUREMENTS.

Answer to Question 2

BY ONLY SHOWING A SMALL TIME PERIOD ON THE TIME SERIES PLOT; THE PART THEY WANT YOU TO SEE.


Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jul 24, 2018
TY


Toya9913

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jul 24, 2018
You're welcome


« previous next »
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Fox Terrier (Smooth) Fox Terrier (Smooth)
Red blood cells with normal hemoglobin, like the three similar ones, are smooth and round Red blood cells with normal hemoglobin, like the three similar ones, are smooth and round
Smooth,glossy tongue (atrophic glossitis) Smooth,glossy tongue (atrophic glossitis)
Smooth Muscle Smooth Muscle
Sternberg's theory postulates three components of love Sternberg's theory postulates three components of love
Three General Protist Life Cycles Three General Protist Life Cycles
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library