The Plotted Series in the Following Graph Is an Example

question 3

Multiple Choice

The plotted series in the following graph is an example of a:

• A) Stationary process
• B) Deterministic trend process
• C) White noise prices
• D) Random walk with drift

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Definitions:

Necessary

Essential or required for a particular purpose, without which the objective cannot be achieved.

Ratification

The action of signing or giving formal consent to a treaty, contract, or agreement, making it officially valid.

Emancipation

The process by which a minor becomes legally recognized as an independent adult, free from parental control.

Disaffirm

The legal act of rejecting or nullifying a contract or agreement, often used in the context of contracts entered into by minors.