Which of the Following Is Not a Component of Time

question 153

Multiple Choice

Which of the following is not a component of time series?

• A)Trend
• B)Seasonal
• C)Cyclical
• D)Irregular
• E)Smoothing constant

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Definitions:

Panel

A group of people gathered to discuss, investigate, or decide on issues within a particular field or subject.

Intersection

The point at which two or more lines or paths cross each other.

Total Revenue

The complete amount of income generated by a business from the sale of its products or services, serving as a critical factor in assessing company performance.

Profit-Maximizing Price

The price at which a firm can sell its product to achieve the highest possible profit, considering its cost of production and the market demand.