Use the following to answer the question(s) below.
The time series graph below shows annual sales figures (in thousands of dollars) for a well known department store chain.
-The dominant time series component in these data is
A) Trend
B) Seasonal
C) Randomness
D) Irregular
E) Error

Question

Use the following to answer the question(s) below.
The time series graph below shows annual sales figures (in thousands of dollars) for a well known department store chain. 
-The dominant time series component in these data is
A) Trend 
B) Seasonal 
C) Randomness 
D) Irregular 
E) Error

Quizplus · Accepted Answer

The graph shows a clear increasing trend over time, indicating that the dominant time series component is trend.

Use the Following to Answer the Question(s) Below