Question: The time series component which reflects a regular, multi-year pattern of being above and below the trend line is a. seasonal b. a trend c.

The time series component which reflects a regular, multi-year pattern of being above and below the trend line is

a. seasonal b. a trend c. cyclical d. irregular

Question 12

The time series component that reflects variability during a single year is called

a. cyclical b. trend c. irregular d. seasonal

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