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Time Series & Trend · Question 20 of 68

Question 20

MediumOriginal question

Read the two statements and choose the correct option.

I. Seasonal variations repeat within a year.

II. Cyclical variations repeat at regular intervals of less than a year.

Options for question 20

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. I: seasons, festivals and harvests come round every year. True.

  2. II: cycles last more than a year, and their length is not fixed. False.

Concept
Seasonal against cyclical
Typical time
90 s
Your time
—
The rule this testsComponents of a time series
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