Question: Trend refers to the long - rum shift or movement in the time series observable over geveral periods of time the outcome of a random
Trend refers to
the longrum shift or movement in the time series observable over geveral periods of time
the outcome of a random experiment.
the recurring patterns observed over successive periods of time.
the shortrun shift or movement in the time series observable for some specific period of time.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
