Question: Trend refers to Question 5 options: a ) the long - run shift or movement in the time series observable over several periods of time.

Trend refers to
Question 5 options:
a)
the long-run shift or movement in the time series observable over several periods of time.
b)
the outcome of a random experiment.
c)
the recurring patterns observed over successive periods of time.
d)
the short-run shift or movement in the time series observable for some specific period of time.

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