Which of the Four Time-Series Components Is Most Likely to Exhibit

question 112

Multiple Choice

Which of the four time-series components is most likely to exhibit the steady growth of the population of Australia from 1945 to 1995?

• A)Trend.
• B)Cyclical.
• C)Seasonal.
• D)Random variation.

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Definitions:

Product Labels

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Inexpensive Brand

A brand that is marketed and priced to be affordable to a wide range of consumers.

Premium Brand

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