Author Question: Which of the following components of a time series plot is defined as what's left over when the ... (Read 62 times)

CharlieWard · **on:** Jul 24, 2018

Which of the following components of a time series plot is defined as what's left over when the other three components have been removed?
a. Random fluctuations
b. Seasonal components
c. Irregular cycles
d. Long-term trend

Question 2

Which of the following does not describe a time series plot with an irregular cycle?
a. It repeatedly goes up and back down smoothly, but with an irregular pattern so as not to be predictable.
b. It randomly fluctuates with no pattern at all.
c. Its irregularity can often be explained by outside factors such as political or social situations.
d. All of the above.