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With which components of a time series would you mainly associated each of the following?

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in Statistics by (62.7k points)

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.

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(a) Secular trend 

(b) Irregular variations

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