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Author Question: Even if you were to account for the trend, seasonal components, and smooth irregular cycles, you ... (Read 59 times)

Davideckstein7

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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?


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Toya9913

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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

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Reply #2 on: Jul 24, 2018
TY


Toya9913

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Reply #3 on: Jul 24, 2018
You're welcome


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