The component of a time series which is attached to short term variation is Seasonal variation.

Here's why:

1. A time series is a sequence of numerical data points in successive order. In statistics, four components are recognized in a time series: Trend, Seasonality, Cyclic variation, and Irregular variation.

2. Trend is the long term movement in a time series without considering seasonal variations.

3. Seasonal variation, as the name suggests, is a variation that repeats over a specific period such as a day, week, month, season, etc. It's a short-term variation in a time series where the period is fixed and known.

4. Cyclic variation is a fluctuation that occurs over longer time periods with no set repetition over a specific period.

5. Irregular variation is a

Question

The component of a time series which is attached to short term variation is Seasonal variation.

Here's why:

1. A time series is a sequence of numerical data points in successive order. In statistics, four components are recognized in a time series: Trend, Seasonality, Cyclic variation, and Irregular variation.

2. Trend is the long term movement in a time series without considering seasonal variations.

3. Seasonal variation, as the name suggests, is a variation that repeats over a specific period such as a day, week, month, season, etc. It's a short-term variation in a time series where the period is fixed and known.

4. Cyclic variation is a fluctuation that occurs over longer time periods with no set repetition over a specific period.

5. Irregular variation is a

Knowee AI · Accepted Answer

The component of a time series which is attached to short term variation is Seasonal variation.

Here's why:

1. A time series is a sequence of numerical data points in successive order. In statistics, four components are recognized in a time series: Trend, Seasonality, Cyclic variation, and Irregular variation.

2. Trend is the long term movement in a time series without considering seasonal variations.

3. Seasonal variation, as the name suggests, is a variation that repeats over a specific period such as a day, week, month, season, etc. It's a short-term variation in a time series where the period is fixed and known.

4. Cyclic variation is a fluctuation that occurs over longer time periods with no set repetition over a specific period.

5. Irregular variation is a

The component of a time series which is attached to short term variation is:Review LaterCyclic variationSeasonal variationIrregular variationAll of the above

Question

The component of a time series which is attached to short term variation is:

Solution

Similar Questions

Upgrade your grade with Knowee