The pattern of data in the time series is influenced by a large variety of factors. Which of the following are not the components of the time series?
A. Regional component
B. Irregular component
C. Cyclone component
D. Seasonal component
Choose the correct answer from the options given below:
The pattern of data in the time series is influenced by a large variety of factors. Which of the following are not the components of the time series?
A. Regional component
B. Irregular component
C. Cyclone component
D. Seasonal component
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 3
The four recognised components of a time series are trend, seasonal, cyclical and irregular.
Irregular (B) and seasonal (D) are genuine components.
Regional (A) is not a component, and cyclone (C) is not either; the correct term is cyclical. Hence A and C are the answers.
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