Moving averages are useful in identifying ____.
Q.4 (A) (iv) Moving averages are useful in identifying ____.
A. Trend component
B. Irregular component
C. Seasonal component
D. Cyclical component
Q.4 (A) (iv) Moving averages are useful in identifying ____.
A. Trend component
B. Irregular component
C. Seasonal component
D. Cyclical component
Best answer
Answer: A. Trend component
Answer: (a) Trend component
Moving averages smooth out short-term fluctuations in a time series and bring out its long-term movement, the trend.
Log in or create a free account to answer this question.