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Time Series & Trend · Question 9 of 68

Question 9

EasyOriginal question

India's population has grown steadily over the last fifty years. Which component of a time series is this?

Options for question 9

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. The secular trend is the general tendency of a series to rise or fall over a long period.

  2. Steady growth over fifty years is a long-term rise.

Worth noting

Cyclical variation rises and then falls again; a trend keeps its direction.

Concept
Secular trend
Typical time
60 s
Your time
—
The rule this testsComponents of a time series
Practise this chapter →

Ten questions from Time Series & Trend, at your own pace.

Practise this chapter →

Ten questions from Time Series & Trend, at your own pace.