I a Time Series Is a Collection of Data Recorded

question 101

Multiple Choice

i. A time series is a collection of data recorded over a period of time, usually monthly, quarterly, or
Yearly.
ii. Episodic and residual variations can be projected into the future.
iii. A forecast is considered necessary in order to have the raw materials, production facilities, and
Staff available to meet estimated future demands.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Common Shares

Equity securities that represent ownership in a company, entitling shareholders to vote and typically to receive dividends.

Other Income

Revenue from non-core business activities, including interest, dividends, or any other non-operational income sources.

Trading Investments

Trading investments refer to securities bought and held primarily for selling in the short term to profit from their price fluctuations.