The Time Series Component That Reflects the Irregular Changes in a Time

question 45

True/False

The time series component that reflects the irregular changes in a time series that are not caused by any other component,and tends to hide the existence of the other more predictable components,is called random variation.

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Definitions:

Motivation

The inner drive or process that stimulates and directs human behavior towards achieving goals.

Amount Of Information

The volume or quantity of data and knowledge accessible or required to make informed decisions.

Internal Versus External

A comparison between factors that are inside (internal) and outside (external) of an individual or entity, which can influence behavior or outcomes.

Clarity

The quality of being easily understood, completely transparent, or clear in thought, expression, or presentation.