Time Series Analysis Multiple Choice Questions and Answers | Time Series Analysis MCQs Quiz

(1) The best-fitted trend line is one for which sum of squares of residuals or errors is
[A] Positive
[B] Minimum
[C] Negative
[D] Maximum
Answer: Minimum
(2) The following are the movement(s) in the secular trend
[A] Smooth
[B] Regular
[C] Steady
[D] All of the above
Answer: All of the above

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(3) Graph of time series is called
[A] Line graph
[B] Trend
[C] Historigram
[D] Histogram
Answer: Historigram
(4) Additive model for time series Y = . . .
[A] T $\times$ S $\times$ C $\times$ I
[B] T $-$ S $-$ C $-$ I
[C] T + S + C + I
[D] None of these
Answer: T + S + C + I
(5) Prosperity, Recession, and depression in a business is an example of
[A] Irregular Trend
[B] Secular Trend
[C] Cyclical Trend
[D] Seasonal Trend
Answer: Cyclical Trend
(6) In the theory of time series, shortage of certain consumer goods before the annual budget is due to
[A] Seasonal Variation
[B] Secular Trend
[C] Irregular Variations
[D] Cyclical Variation
Answer: Seasonal Variation
(7) In the measurement of the secular trend, the moving averages:
[A] Smooth out the time series
[B] Give the trend in a straight line
[C] Measure the seasonal variations
[D] None of these
Answer: Smooth out the time series
(8) Multiplicative model for time series is Y = . . .
[A] T $\times$ S $\times$ C $\times$ I
[B] T + S + C + I
[C] T $-$ S $-$ C $-$ I
[D] None of these
Answer: T $\times$ S $\times$ C $\times$ I
(9) A set of observations recorded at an equal interval of time is called
[A] Array data
[B] Data
[C] Geometric Series
[D] Time series data
Answer: Time series data
(10) A fire in a factory delaying production for some weeks is
[A] Secular Trend
[B] Cyclical Trend
[C] Irregular Trend
[D] Seasonal Trend
Answer: Irregular Trend

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