For an Annual Time Series Extending from 1993 Through 2001

question 46

Multiple Choice

For an annual time series extending from 1993 through 2001, how many years would be lost in a five-year moving average?

• A) 2 at the start and 1 at the end
• B) 1 at the start and 1 at the end
• C) 2 at the start and 0 at the end
• D) 0 at the start and 2 at the end
• E) 2 at the start and 2 at the end

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Definitions:

Inductive Argument

A type of reasoning in which the premises seek to supply strong evidence for (not absolute proof of) the truth of the conclusion.

Positive Correlation

The incidence of one event increases when the second one increases.

Occurrence of Events

The happening or taking place of incidents or actions, often considered in terms of their frequency or significance.

Analogies

A form of reasoning or argumentation in which similarities between two different things are drawn to explain or clarify a concept.