A Trend Component of a Time Series Is a Long-Term,relatively

question 20

True/False

A trend component of a time series is a long-term,relatively smooth pattern or direction exhibited by a series,and its duration is more than one year.

---

Definitions:

Insolvency

A financial state where an individual or entity cannot meet their debt obligations as they become due.

Liabilities

Financial obligations or debts that an entity is legally responsible to pay.

Assets

Resources owned by an individual or entity that are expected to provide future economic benefits.

Lessor

A lessor is an individual or entity that leases property or equipment to another, known as the lessee, under a lease agreement.