Time-series data
A)show the behavior of a particular variable over time.
B)may exhibit trend or cyclical variation,but not both at the same time.
C)may exhibit trend and cyclical variation at the same time.
D)both a and b
E)both a and c

Question

Quizplus · Accepted Answer

Time-series data can exhibit both trend (a systematic increase or decrease in the data over time) and cyclical variation (repeating patterns of changes in the data over time). Therefore, choice E is the best answer.

Time-Series Data