With the regression function, the area of variation that represents changes due to general economic factors that affect an industry is
A) trend line.
B) cyclical.
C) seasonal.
D) economic.
E) noise.

Question

Quizplus · Accepted Answer

The cyclical area of variation in a regression function represents changes due to general economic factors that affect an industry. These are broader economic cycles, such as expansions and recessions, that impact the performance of industries and markets.

With the Regression Function, the Area of Variation That Represents