Describe the additive model of time series.

1.	Describe the additive model of time series.
Answer» The additive model of time series is as follows : y_t = T_t + S_t + C_t + R_t Where, y_t = Time variable; T_t = Trend; S_t = Seasonal component; C_t = Cyclical component; R_t = Random component.

Answer»

The additive model of time series is as follows :

y_t = T_t + S_t + C_t + R_t

Where, y_t = Time variable; T_t = Trend; S_t = Seasonal component; C_t = Cyclical component; R_t = Random component.

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