How many statements are correct? Statement 1. An annual time series will never have a seasonal component.
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Question:
How many statements are correct?
Statement 1. An annual time series will never have a seasonal component.
Statement 2. A random component can exist in both a stationary time series and a non-stationary time series.
Statement 3. A seasonal component is always a cyclical component. While a cyclical component is not always a seasonal component.
Statement 4. A nonstationary time series can have random, trend, and seasonal components at the same time.
Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
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