Time-series data may exhibit which of the following behaviors?
A)trend
B)random variations
C)seasonality
D)cycles
E)They may exhibit all of the above.

Question

Quizplus · Accepted Answer

Time-series data can exhibit one or more of the behaviors listed, including trend (a consistent upward or downward movement), random variations (unpredictable fluctuations unexplained by other factors), seasonality (a regular pattern of fluctuations over a year, quarter, or month), and cycles (regular but non-seasonal movements lasting longer than a year). Therefore, the best choice is E, as time-series data can exhibit all of the above behaviors.

Time-Series Data May Exhibit Which of the Following Behaviors