i. The cyclical component of a time series is described in terms relative to the seasonal index.
ii. The irregular component of a time series is the easiest to measure.
Iii) The ratio-to-moving average method removes the time series trend component, resulting in 12 numbers that are called specific seasonals.
A) (i), (ii) and (iii) are all correct statements
B) (i) and (ii) are correct statements, but not (iii).
C) (i) and (iii) are correct statements but not (ii).
D) (ii) and (iii) are correct statements but not (i).
E) All statements are false

Question

i. The cyclical component of a time series is described in terms relative to the seasonal index. 
ii. The irregular component of a time series is the easiest to measure.
Iii) The ratio-to-moving average method removes the time series trend component, resulting in 12 numbers that are called specific seasonals.
A) (i), (ii) and (iii) are all correct statements
B) (i) and (ii) are correct statements, but not (iii).
C) (i) and (iii) are correct statements but not (ii).
D) (ii) and (iii) are correct statements but not (i).
E) All statements are false

Quizplus · Accepted Answer

The cyclical component is not described relative to the seasonal index, the irregular component is not the easiest to measure, and the ratio-to-moving average method results in seasonal indices, not specific seasonals.

I the Cyclical Component of a Time Series Is Described