A trending variable cannot be used as the dependent

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Reference no: EM13582679

Decide if you agree or disagree with each of the following statements and give a brief explanation of your decision:

(a) Like cross-sectional observations, we can assume that most time series observations are independently distributed.

(b) A trending variable cannot be used as the dependent variable in multiple regression analysis.

(c) Seasonality is not an issue when using annual time series observations.

Reference no: EM13582679

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