A time-series model attempts to identify:
A) patterns of changes in a single variable over time.
B) possible links between a dependent variable and a single independent variable over time.
C) possible links between a dependent variable and one or more independent variables over time.
D) the key factors that help predict future economic events.
E) patterns of forecast errors over time.

Question

Quizplus · Accepted Answer

A time-series model focuses on analyzing patterns of changes in a single variable over time. It does not take into account any links between dependent and independent variables.

A Time-Series Model Attempts to Identify