Question: Trend refers to a . the recurring patterns observed over successive periods of time b . the long - run shift or movement in the

Trend refers to
a. the recurring patterns observed over successive periods of time
b. the long-run shift or movement in the time series observable over several periods of time
c. the outcome of a random experiment
d. the short-run shift or movement in the time series observable for some specific period of time
Trend refers to a. the recurring patterns observed over successive periods

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