Question: 3. Global warming is a major concern because it implies that temperatures around the world are going up on a permanent basis. Suppose you were

3. Global warming is a major concern because it implies that temperatures around the world are going up on a permanent basis. Suppose you were to examine a plot of monthly temperatures in one location for the past 50 years. Explain the role that the three time series components (trend, seasonal, cycles) would play in trying to determine whether global warming was taking place.

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