Mathematics · Time Series Analysis
Which of the following statements regarding time series patterns are correct? (A) When a cyclical pattern in data has a period of less than 1 year, the pattern is called seasonal variation. (B) When a cyclical pattern has a period of more than 1 year, we refer to it as cyclical variation. (C) Seasonality is considered equivalent to forecasting. (D) Cyclical behavior in business is also termed as the business cycle. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(B), (C) and (D) only
- 2(A), (B), (C) and (D)
- 3(A) and (C) only
- 4(A), (B) and (D) only✓
Correct answer
(A), (B) and (D) only
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