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Time Series & Trend · Question 22 of 68

Question 22

MediumOriginal question

Traffic on a city road peaks every morning and every evening. Which component of a time series is this?

Options for question 22

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. A pattern that repeats regularly within a fixed short period is seasonal variation.

  2. 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 time
90 s
Your time
—
The rule this testsComponents of a time series
Practise this chapter →

Ten questions from Time Series & Trend, at your own pace.

Practise this chapter →

Ten questions from Time Series & Trend, at your own pace.