The Union of Events a and B Is the Event

question 134

Multiple Choice

The union of events A and B is the event containing

• A)all the sample points belonging to B or A
• B)all the sample points belonging to A or B
• C)all the sample points belonging to A or B or both
• D)all the sample points belonging to A or B,but not both

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Definitions:

Seasonal Index

Seasonal index refers to a numerical value that is assigned to specific time intervals to measure the seasonal pattern or variation in a data set over a period.

Deseasonalized

Deseasonalized data refers to the removal of seasonal effects from a time series to better identify trends and other underlying patterns.

Seasonal Index

A coefficient that modifies data to account for seasonal effects, facilitating more accurate trend analysis over time.

Forecasted Sales

Predicted revenues that a company expects to earn in a future period based on historical data, market trends, and analysis.