Explain the components of a time series

Reference no: EM131772351

Question: Discuss which of the three components of a time series (trend, seasonal, and cycles) are likely to be present in each of the following series, reported monthly for the past 10 years:

a. Unemployment rates

b. Hours per day the average child spends watching television

c. Interest rates paid on a savings account at a local bank

Reference no: EM131772351

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