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GSDSA Quiz on TIme Series

Total questions: 50

Worksheet time: 38mins

Name
Class
Date
1.

Time series data consist of observations collected at:

a)

Random intervals

b)

Successive, consistent intervals

c)

One-time events

d)

Unordered sequences

2.

The key characteristic that distinguishes time series data from cross-sectional data is:

a)

Accuracy

b)

Temporal dependency

c)

Sample size

d)

Data source

3.

A smartwatch recording sleep hours daily is an example of:

a)

Predictive data

b)

Time series data

c)

Cross-sectional data

d)

Big data

4.

Time series analysis is primarily used to:

a)

Describe past events only

b)

Predict future events based on past patterns

c)

Identify correlations only

d)

Compare unrelated datasets

5.

Which component represents long-term direction in the data?

a)

Seasonality

b)

Trend

c)

Noise

d)

Cycle

6.

A fixed, repeating pattern such as yearly or monthly fluctuations refers to:

a)

Trend

b)

Randomness

c)

Seasonality

d)

Variation

7.

Irregular or unpredictable movements in a time series are called:

a)

Trend

b)

Seasonality

c)

Cyclical variation

d)

Noise

8.

Cyclical patterns differ from seasonal patterns because they:

a)

Repeat regularly

b)

Occur randomly

c)

Have no fixed period

d)

Occur monthly

9.

Which of the following is NOT a core component of time series?

a)

Trend

b)

Seasonality

c)

Cycles

d)

Regression

10.

The assumption that statistical properties remain constant over time defines:

a)

Stability

b)

Stationarity

c)

Normality

d)

Variability

11.

A line chart is ideal for showing:

a)

Category comparisons

b)

Time-based data

c)

Proportions

d)

Frequency distributions

12.

A bar chart is best for:

a)

Tracking trends over time

b)

Comparing categories

c)

Highlighting outliers

d)

Displaying cumulative totals

13.

A boxplot shows:

a)

Changes across time

b)

Relationship between variables

c)

Distribution, spread, and outliers

d)

Seasonality patterns

14.

The middle line in a boxplot represents the:

a)

Mean

b)

Mode

c)

Median

d)

Minimum

15.

In an area chart, the shaded region helps emphasize:

a)

Interquartile range

b)

Volume or magnitude

c)

Accuracy

d)

Data quality

16.

Which component of the boxplot spans from Q1 to Q3?

a)

Whiskers

b)

Median line

c)

Interquartile range

d)

Data bounds

17.

Line charts are preferred over bar charts for time series because they:

a)

Use color better

b)

Emphasize continuous trends

c)

Show more categories

d)

Are easier to compute

18.

A bar chart with two bars per year comparing subjects is an example of:

a)

Univariate time series

b)

Multivariate comparison

c)

Panel regression

d)

Seasonal modeling

19.

A chart showing visitor counts over months is likely a:

a)

Box plot

b)

Histogram

c)

Line or area chart

d)

Pie chart

20.

Outliers in a boxplot are represented by:

a)

Bars

b)

Dots beyond whiskers

c)

Bold lines

d)

Shaded areas

21.

Simple Moving Average (SMA) is used to:

a)

Highlight seasonal peaks

b)

Smooth short-term fluctuations

c)

Identify outliers

d)

Estimate medians

22.

Exponential smoothing gives more weight to:

a)

Older data

b)

Recent data

c)

Median values

d)

Maximum values

23.

AR (Autoregressive) models use:

a)

External variables

b)

Past values of the series

c)

Noise patterns

d)

Rolling averages

24.

MA (Moving Average) models use:

a)

Past errors in forecasting

b)

Cyclical variations

c)

Median smoothing

d)

Seasonal indices

25.

ARIMA stands for:

a)

Advanced Regression in Multiple Analysis

b)

Autoregressive Integrated Moving Average

c)

Automated Ratio Integrated Model Algorithm

d)

Autocorrelation Repeated Matrix Analysis

26.

ARIMA is suitable for:

a)

Stationary data only

b)

Raw non-stationary data

c)

Time series with no patterns

d)

Continuous cross-sectional data

27.

Differencing is used to achieve:

a)

Seasonality

b)

Stationarity

c)

Random variation

d)

Trend amplification

28.

Holt-Winters exponential smoothing is best for data with:

a)

Trend only

b)

Seasonality only

c)

Both trend and seasonality

d)

No structural pattern

29.

A model that uses many variables to forecast is called:

a)

Univariate

b)

Multivariate

c)

Semi-structural

d)

Random

30.

Forecasting aims to estimate:

a)

Present conditions

b)

Past behavior

c)

Future values beyond the current data

d)

Unrelated variables

31.

Prediction differs from forecasting because prediction:

a)

Uses future data

b)

Estimates values within known data

c)

Is more accurate

d)

Uses machine learning

32.

LSTM networks (mentioned in the summary) are designed for:

a)

Big data storage

b)

Linear regressions

c)

Complex, nonlinear time series

d)

Cross-sectional comparison

33.

A stationary series has:

a)

Constant mean and variance

b)

Increasing variance

c)

Oscillating patterns

d)

Missing seasonality

34.

A component that repeats every year is considered:

a)

Cyclical

b)

Irregular

c)

Seasonal

d)

Noise

35.

Cycles are often related to:

a)

Random noise

b)

High-frequency seasonality

c)

Economic conditions

d)

Missing values

36.

In the module’s library visitor activity, the X-axis represents:

a)

Visitor count

b)

Time (Months)

c)

Student categories

d)

Forecast values

37.

The Y-axis in the same activity represents:

a)

Month names

b)

Average daily visitors

c)

Percentage growth

d)

Variance

38.

Plotting points and connecting them creates a:

a)

Histogram

b)

Pie chart

c)

Time series line chart

d)

Scatterplot

39.

Univariate time series involve:

a)

Many variables

b)

One variable over time

c)

Two categories per year

d)

Forecast errors only

40.

Multivariate time series involve:

a)

Multiple variables over time

b)

A single variable

c)

Stationary-only data

d)

No seasonal patterns

41.

If data shows clear trend and seasonality, the most appropriate model is:

a)

ARIMA (no seasonal component)

b)

Linear regression

c)

Holt-Winters exponential smoothing

d)

Boxplot modeling

42.

The purpose of monitoring and adjusting forecasts is to:

a)

Change data sources

b)

Improve accuracy over time

c)

Remove seasonal factors

d)

Delete old observations

43.

A sudden spike due to a university event is an example of:

a)

Trend

b)

Seasonality

c)

Irregular variation

d)

 Cycle

44.

Consistent peaks every March in library use indicate:

a)

Noise

b)

Trend

c)

Seasonal pattern

d)

Irregularity

45.

The Practical Activity requires how many months of data?

a)

10

b)

12

c)

15

d)

20

46.

The ideal chart type for time-based data in the activity is a:

a)

Bar chart

b)

Line chart

c)

Boxplot

d)

Pie chart

47.

The model-selection task asks learners to justify their choice based on:

a)

Data size

b)

Trend and seasonality components

c)

User preference

d)

Chart color

48.

The module suggests that the best forecasting model is:

a)

Always the most complex

b)

The one that fits data behavior and goals

c)

The simplest one

d)

One with the highest computation

49.

Time series analysis is emphasized as both a science and:

a)

Guesswork

b)

Art requiring intuition

c)

Purely mechanical task

d)

Simple calculation

50.

Understanding real-world context is important because:

a)

Data always predicts perfectly

b)

External factors often affect patterns

c)

Patterns never change

d)

Seasonality explains everything