Question

 Components of a time series

16 Jul 2025
Answer :
Word Count : 248
A time series is a sequence of data points recorded at regular time intervals. The main components of a time series are trend, seasonal variation, cyclical variation, and irregular or random variation. Understanding these components helps in analyzing past behavior and forecasting future values. Trend (T) refers to the long-term movement or direction in the data over an extended period. It could _____ ________ __________ _______ ___ _____ __________ ______ ____ ________ ________.
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