Which of the following are components of a time series?
(A) Irregular component
(B) Cyclical component
(C) Chronological Component
(D) Trend Component
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → (A), (B) and (D) only
$\text{Components of time series are: Trend, Seasonal, Cyclical, Irregular.}$
$(A)\;\text{Irregular component}.$
$(B)\;\text{Cyclical component}.$
$(C)\;\text{Chronological Component not a component of time series}.$
$(D)\;\text{Trend Component}.$
$\text{Correct options: (A), (B), (D).}$