Cycle Is One of the Four Different Components of a Time

question 115

True/False

Cycle is one of the four different components of a time series. It has a wavelike pattern over short, repetitive calendar periods and, by definition, has duration of less than one year.

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Definitions:

Shiller Real Home Price Index

An index that measures changes in the price of residential properties, adjusted for inflation.

Simple Moving Average

A calculation that averages a set number of past data points to smooth out short-term fluctuations and highlight longer-term trends or cycles.

Shiller Real Home Price Index

An index that tracks changes in the price of residential real estate in the United States, adjusted for inflation, developed by economist Robert Shiller.