- 1 Marks
Question
Which of the following methods CANNOT be utilized for trend measurement in time series data?
A. Free hand method
B. Semi-average method
C. Moving average method
D. Least squares method
E. Spearman’s ranking method
Answer
E. Spearman’s ranking method
Explanation:
Spearman’s ranking method is a technique used to measure the strength of association between two ranked variables, not for measuring trends in time series data. Other options are valid methods for trend measurement in time series analysis.
- Tags: Statistical Methods, Time series, Trend Measurement
- Level: Level 1
- Topic: Basics of Business Finance and Financial Markets
- Series: MAY 2018
- Uploader: Theophilus