The pattern and behavior of the data in any time series are based on which of the following components: (A) Secular trend component Choose the correct answer from the options given below: |
(A), (B) and (D) only (A), (B) and (C) only (A), (B), (C) and (D) (C) and (D) only |
(A), (B), (C) and (D) |
The correct answer is Option (3) → (A), (B), (C) and (D) The pattern and behavior of data in a time series depend on all four components: (A) Secular trend component, (B) Seasonal component, (C) Cyclical component, (D) Irregular component |