Gradual Shifting of a Time Series to Relatively Higher or Lower

question 13

Multiple Choice

Gradual shifting of a time series to relatively higher or lower values over a long period of time is called

• A)periodicity.
• B)a cycle.
• C)seasonality.
• D)a trend pattern.

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Definitions:

Consensus

A general agreement or shared decision among a group, often reached through collaborative and inclusive discussion.

Final Decision

The ultimate conclusion or resolution reached at the end of a decision-making process.

Subjective Influences

Personal opinions, feelings, and biases that can affect an individual's perception and decisions.

Group Decision Making

The process where a group of individuals collectively make a choice from the alternatives before them.