If Data for a Time Series Analysis Is Collected on an Annual

question 13

Multiple Choice

If data for a time series analysis is collected on an annual basis only, which component may be ignored?

• A)trend
• B)seasonal
• C)cyclical
• D)irregular

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Definitions:

U.S. Dollar

The official currency of the United States, widely used as a benchmark in international trade and finance.

Japanese Yen

The official currency of Japan, often denoted by the symbol ¥, and widely used in international finance transactions.

U.S. Dollar

The currency unit of the United States, widely used as a global reserve currency.