The time series component that reflects gradual variability over a long time period is called a(n) _____ component.
A) trend
B) seasonal
C) cyclical
D) irregular

Question

Quizplus · Accepted Answer

A trend component reflects gradual changes over a long period of time. Seasonal component repeats itself in regular intervals, cyclical component reflects fluctuations occurring in cycles, and irregular component is unpredictable and random.

The Time Series Component That Reflects Gradual Variability Over a Long