With which components of a time series would you mainly associated eac

1.	With which components of a time series would you mainly associated each of the following?(a) Increase in money in circulation for the last 10 years (b) Rain fall in Bangalore that occurred for a week in December 2007.
Answer» (a) Secular trend (b) Irregular variations

With which components of a time series would you mainly associated each of the following?(a) Increase in money in circulation for the last 10 years (b) Rain fall in Bangalore that occurred for a week in December 2007.

Answer»

(a) Secular trend

(b) Irregular variations