Start learning 50% faster. Sign in now
The seasonal component in time series refers to regular, repeating patterns that occur at specific intervals, such as daily, monthly, or yearly. It typically represents fluctuations in the data that are predictable and tied to time periods, like increased sales during the holiday season or higher electricity demand during summer months. The seasonal component is often caused by factors such as weather, holidays, and societal behaviors, and it repeats at fixed intervals. Understanding this component helps analysts make better predictions for future data points by adjusting for these known fluctuations. Option A is incorrect because the trend component refers to the long-term movement in data, not the repeating patterns at specific intervals. Option B is incorrect because residuals (or noise) are the random, unexplained fluctuations in data, not the predictable seasonal patterns. Option D is incorrect as it refers to residuals, which are the difference between observed values and those predicted by a model, and not a time series component. Option E describes irregular components (or residuals), which are caused by external, unpredictable factors and not by seasonal cycles.
In each of the following question below are given some statements followed by some conclusions. Taking the given statements to be true even if they se...
Statements:
Only a few Beautiful is Intelligent.
Only a few Smart is Beautiful.
No Smart is Honest.
Conclusion:
I. No...
Statements: All covers are glasses.
Some caps are covers.
No cup is a cap.
Conclusions: I. Some cups are not...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Statements:
All Water are Milk
Some Lassi are Milk
All Tea are Water
Only a few Coke are Lassi
Conclusi...
Statements : All one are two.
All three are two.
...
Statements:
Only subjects is notes.
Some subjects are topic.
Some topic are papers.
No topic is index.
Conclusions
Statement : 75 % Minutes are Watch
Few Watch are Hour
All Hour are Month
Conclusion
I. Mostly Minutes are hour
...Statements:
Some bangles are necklaces.
No necklace is a ring.
Only a few rings are anklets.
All anklets are earrings.
<...Statement:
I) No A is B
II) No B is C
III) Some D are C
IV) All D are E
Conclusion:
I) Some E are not D
II) Some A are C
III) No C is A