In a Random Series,successive Observations Are Probabilistically Independent of One

question 16

Multiple Choice

In a random series,successive observations are probabilistically independent of one another.If this property is violated,the observations are said to be

• A)autocorrelated.
• B)intercorrelated.
• C)causal.
• D)seasonal.

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Definitions:

Typewritten

Text produced using a typewriter or typewriting software, characterized by uniform spacing and alignment.

Inherit

To receive property or assets from someone after their death according to a will or through the laws of intestacy.

Holographic Will

A will entirely handwritten and signed by the testator, usually requiring no witnesses for validity under certain legal jurisdictions.

Fixed Income

A form of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule, including loans, bonds, and pensions.