Read the two statements and choose the correct option.
I. Studying a time series helps to forecast future values.
II. The order of the observations does not matter in a time series.

Only ICorrect answerYour answerOnly IICorrect answerYour answerBoth I and IICorrect answerYour answerNeither I nor IICorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

I: the pattern of the past, such as a trend, is projected forward. True.
II: a time series is defined by its time order; shuffling it loses the trend and seasons. False.

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

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

Read the two statements and choose the correct option.I. Studying a time series helps to forecast future values.II. The order of the observations does not matter in a time series.