Match the vocabulary term with the correct definition • Trend A Paired data where the explanatory variable is a unit of
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Match the vocabulary term with the correct definition • Trend A Paired data where the explanatory variable is a unit of
Match the vocabulary term with the correct definition • Trend A Paired data where the explanatory variable is a unit of time • Seasonality 8. A pattern that repeats over the course of several years Cycles C. The movement of a time series upwards or dowlſwards • Correlation D. The goodness of fit statistic • Extrapolation E Atime series forecasting method that uses an alpha such that nato sas! • Outlier F. A value that does not appear to belong in the data set • Time Series G. A time series method that takes an average of the previous n periods • Exponential Smoothing H. A pattern that repeats every year
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