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The secular trend component of time seri...

The secular trend component of time series represents irregular variations.(True/False)

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Knowledge Check

  • The variation of temperature of a liquid with time is represented correctly by (figure)

    A
    B
    C
    D
  • Which of the following can’t be a component of a time series?

    A
    Seasonality
    B
    Cyclical
    C
    Trend
    D
    Mean
  • Which component of time series refers to erratic time series movements that follow no recognizable or regular pattern?

    A
    Trend
    B
    Seasonal
    C
    Cyclical
    D
    Irregular
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