Pick a profession, identify events that might affect the variation ( you must include all three...

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Pick a profession, identify events that might affect thevariation ( you must include all three ; cyclical, seasonal andirregular ) of the secular trend. List at least three ways thatthis information could be beneficial to the industry.

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The secular trend is the long term development Secular trendsenable us to take a gander at past examples or patterns and utilize these to make some forecast about the future It is conceivable to isolate he effect of secular trends from the time arrangement and makes studies of the other components easier Seasonal The seasonal variation of a time series is a pattern of See Answer

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Pick a profession, identify events that might affect the variation ( you must include all three...

90.2K

Verified Solution

Question

Basic Math

Pick a profession, identify events that might affect thevariation ( you must include all three ; cyclical, seasonal andirregular ) of the secular trend. List at least three ways thatthis information could be beneficial to the industry.

Answer & Explanation Solved by verified expert

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