A Time Series Plot of a Period of Time (In

question 1

Multiple Choice

A time series plot of a period of time (in years) versus revenue (in millions of dollars) is shown below. Which of the following data patterns best describes the scenario shown?

• A)Linear trend pattern
• B)Nonlinear trend pattern
• C)Seasonal pattern
• D)Cyclical pattern

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Definitions:

Marx

Karl Marx, a 19th-century philosopher, economist, and revolutionary socialist whose works on the critique of political economy and class struggle have profoundly influenced socialist thought.

Anomie

Durkheim’s term for a state of normlessness that results from a lack of clear goals and may ultimately result in higher suicide rates.

Durkheim

A foundational sociologist known for his work on social cohesion, the division of labor, and the concept of anomie.

Collective Conscience

Durkheim’s concept highlighting the totality of beliefs and sentiments that are common to the average person in a society.