Your company is conducting forecasting that revolves around population growth in large cities. This type of forecasting can be referred to as what component of a time series?

The correct answer is letter "B": Trend Variations.

Explanation:

There are four (4) components of Time Series Data: Seasonal effects, Cyclical changes, Trend variations, and Irregular fluctuations. Trend variations are long term changes. Defining the term "long-term" depends on the timeframe available in the study. The subject of the study tends to be technology, populations, and wealth. The pattern of the variation could shift upwards or downwards.

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!