Multiplicative model of time series analysis assumes the components of time series to be
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In the multiplicative model, the original time series is expressed as the product of trend, seasonal and irregular components. Under this model, the trend has the same units as the original series, but the seasonal and irregular components are unitless factors, distributed around 1.
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0
Answer:
In the multiplicative model, the original time series is expressed as the product of trend, seasonal and irregular components. Under this model, the trend has the same units as the original series, but the seasonal and irregular components are unitless factors, distributed around 1.
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