7. Which of the following statements are accurate for the S&P data? (Check any a
ID: 3060613 • Letter: 7
Question
7. Which of the following statements are accurate for the S&P data? (Check any as appropriate.)
a. The S&P data exhibit trend.
b. The S&P data exhibit seasonality.
c. The S&P data exhibit cyclicality.
d. We would use all 10 years of the S&P data to forecast the S&P values for the next year.
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Appropriate options that hold true: Options a, b and c
The data exhibits an average upwards trend, with seasonality in periods smaller than a year, and cycliacality in the long run as observed by the dip around 2008.
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