Which one of the following is not a component of a time series?
A)Secular trend
B)Moving average
C)Seasonal variation
D)Irregular variation

Question

Quizplus · Accepted Answer

Moving average is a statistical tool used to smooth out fluctuations in a time series data. It is not considered as a component of a time series. The other options represent the four main components of a time series which are the secular trend, seasonal variation, irregular variation and cyclical variation.

Which One of the Following Is Not a Component of a Time