Time Series Analysis Multiple Choice Questions and Answers | Time Series Analysis MCQs Quiz

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Questions
1 Time series data have a total number of components?
A 3
B 6
C 5
D 4

Answer:4
2 Seasonal variations are
A Short term variation
B Long term variation
C Sudden variation
D None

Answer:Short term variation
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3 In moving average method we cannot find trend values of some
A End Periods
B Middle Period
C Starting and End Periods
D Starting Periods

Answer:Starting and End Periods
4 The most commonly used mathematical method for measuring the trend is
A Semi Average
B Moving Average
C Free Hand Curve
D Least Squares

Answer:Least Squares
5 A rise in prices before Eid is an example of
A Cyclical Trend
B Secular Trend
C Irregular Trend
D Seasonal Trend

Answer:Seasonal Trend
6 Which of the following is an example of time series problem?

1. Estimating number of hotel rooms booking in next 6 months.

2. Estimating the total sales in next 3 years of an insurance company.

3. Estimating the number of calls for the next one week.

A Only 3
B 1 and 2
C 2 and 3
D 1,2 and 3

Answer:1,2 and 3
7 Which of the following is not an example of a time series model?
A Naive approach
B Exponential smoothing
C Moving Average
D None of the above

Answer:None of the above
8 Sum of weights in exponential smoothing is _____.
A <1
B 1
C >1
D None of the above

Answer:1
9 The last period’s forecast was 70 and demand was 60. What is the simple exponential smoothing forecast with alpha of 0.4 for the next period.
A 63.8
B 65
C 62
D 66

Answer: 66
10 What does autocovariance measure?
A Linear dependence between multiple points on the different series observed at different times
B Quadratic dependence between two points on the same series observed at different times
C Linear dependence between two points on different series observed at same time
D Linear dependence between two points on the same series observed at different times

Answer:Linear dependence between two points on the same series observed at different times

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