- 1 Marks
Question
The following methods are used to measure the trend of a time series EXCEPT:
A. Semi-average
B. Moving average
C. Free-hand
D. Deseasonalisation
E. Least squares
Answer
Answer:
C. Free-hand
Explanation:
In time series analysis, methods such as semi-average, moving average, deseasonalisation, and least squares are commonly used to identify trends. The “free-hand” method is not a formal statistical method for measuring trends in time series data.
- Tags: Statistical Methods, Time series, Trend Analysis
- Level: Level 1
- Topic: Statistics
- Series: MAY 2015
- Uploader: Kwame Aikins