The time series component that is often referred to as "noise" because it has no detectable pattern is the _________ component.
A)random
B)cyclical
C)trend
D)seasonal

Name: The time series component that is often referred to as "noise" because it has no detectable pattern is the _________ component. A)random B)cyclical C)trend D)seasonal
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Question

Quizplus · Accepted Answer

The random component of a time series is often referred to as "noise" because it consists of irregular fluctuations that do not follow a predictable pattern or trend.

The Time Series Component That Is Often Referred to as "Noise