The Most Common Form of Autocorrelation Is Positive Autocorrelation,in Which

question 28

Multiple Choice

The most common form of autocorrelation is positive autocorrelation,in which

• A)large observations tend to follow both large and small observations.
• B)small observations tend to follow both large and small observations.
• C)large observations tend to follow large observations and small observations tend to follow small observations.
• D)large observations tend to follow small observations and small observations tend to follow large observations.

---

Definitions:

Loyal Customers

Consumers who repeatedly purchase goods or services from the same business due to satisfaction, convenience, or value.

Recognizable Goods

Products that are easily identified by consumers due to their distinct characteristics, branding, or reputation in the marketplace.

Cannibalization

A situation where a company's new product eats into the sales of one of its existing products.

Brand Equity

The value derived from consumer perception of a brand name as opposed to generic or store-branded products.