A Time Series Can Consist of Four Different Components: Trend,seasonal,cyclical,and

question 52

True/False

A time series can consist of four different components: trend,seasonal,cyclical,and random (or noise).

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Definitions:

Reinforcement

In behavioral psychology, a consequence applied that strengthens the likelihood of the behavior being repeated.

Noam Chomsky

An influential linguist and cognitive scientist known for his theories on generative grammar and criticism of behaviorism.

Grammar

A system of rules that produces well-formed, or “legal,” entities such as sentences of a language.

Francis Galton

A 19th-century British polymath who made significant contributions to fields such as statistics, psychology, and anthropology, and is known for his studies on heredity and human intelligence.