Time Series Analysis

Time Series Analysis Test 2

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This stage is characterized by an increase in the production of goods that leads to prosperity:

Correct! Wrong!

Correct answer:
Recovery

When the movements in the time series are _____, the straight line is fitted to the time series:

Correct! Wrong!

Explanation:
When the movements in the time series are linear, the straight line is fitted to the time series.

How many components are there in time series data?

Correct! Wrong!

Explanation:
The time series data has four major components.

Which of the following is not a time series model example?

Correct! Wrong!

Correct answer:
None of the above

How many cycles does business get?

Correct! Wrong!

Explanation:
Expansion, peak, contraction, and trough are the four stages of a business cycle. They don't happen at regular intervals or for the same amount of time every time, but they do have telltale signs.

This is the stage when a thing's production is at its simplest:

Correct! Wrong!

Correct answer:
Depression

What is Seasonal Variation

Correct! Wrong!

Explanation:
Seasonal variation is for short-term variation.
Seasonal variation is a variation in a time series that occurs more or less consistently over the course of a year. Temperature, rainfall, public holidays, seasonal cycles, or holidays can all contribute to seasonal variance.

This stage is characterized by a decrease in the production of things:

Correct! Wrong!

Explanation:
A recession is a prolonged period of falling economic performance across the entire economy.

We can't find trend values of some things using the moving average method.

Correct! Wrong!

Correct answer:
Starting and End Periods