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Time Series Trend & Cycle Analysis

This figure shows a time series decomposed into trend, cyclical, and irregular components. The trend component shows the general upward or downward movement of the data over time. The cyclical component shows the recurring and periodic fluctuations around the trend. The irregular component represents the random fluctuations in the data after accounting for the trend and cyclical patterns.

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Yael Lawliet
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77 views1 page

Time Series Trend & Cycle Analysis

This figure shows a time series decomposed into trend, cyclical, and irregular components. The trend component shows the general upward or downward movement of the data over time. The cyclical component shows the recurring and periodic fluctuations around the trend. The irregular component represents the random fluctuations in the data after accounting for the trend and cyclical patterns.

Uploaded by

Yael Lawliet
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Fig. 6.

Trend and Cyclical Components of a Time Series

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