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

Questions
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
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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