Question 22
MediumOriginal questionTraffic on a city road peaks every morning and every evening. Which component of a time series is this?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
A pattern that repeats regularly within a fixed short period is seasonal variation.
So this is seasonal variation.
Worth noting
Seasonal variation is any regular pattern within a fixed short period, a day or a week as well as a year.
- Concept
- Seasonal variation
- Typical timeTypical
- 90 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Time Series & Trend, at your own pace.