Gradual Movement in Time-Series Data Over Time Is Called

question 23

Multiple Choice

Gradual movement in time-series data over time is called

• A) seasonal variation
• B) a cycle
• C) a trend
• D) exponential variation
• E) random variation

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Definitions:

Statistical Measures

Quantitative values that summarize and provide information about a set of data.

Characterize

To describe the distinctive qualities or features of something or someone.

Dispersion

A statistical term describing the spread or variability of a set of data points or values around a central value.

Kurtosis

A measure of the "tailedness" of the probability distribution of a real-valued random variable, indicating how the tails differ from the normal distribution.