Which of the Following Terms Describes the Overall Long-Term Tendency

question 76

Multiple Choice

Which of the following terms describes the overall long-term tendency of a time series?

• A)Long-term trend component
• B)Cyclical variation component
• C)Random variation component
• D)Seasonal variation component

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Definitions:

Universal

In logic, pertaining to concepts that are general or applicable in all cases.

Particular

Specific or distinct from others.

Non-categorical

Not belonging to a particular category, class, or type; cannot be easily categorized.

Proposition

In philosophy and logic, a conveyance of meaning or intention within a declarative sentence that can be evaluated as true or false.