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Time Series & Trend · Question 33 of 68

Which component stands out most clearly in the resort's guest numbers?

Question 33

EasyOriginal question

A hill resort's guests, in hundreds, for the four quarters of two years were: year 1: 12, 30, 8, 20; year 2: 14, 33, 9, 24.

Which component stands out most clearly in the resort's guest numbers?

Options for question 33

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. Both years peak in the second quarter and dip in the third, the same pattern inside each year.

  2. A pattern that repeats within a year is seasonal variation.

Worth noting

A small rise from year 1 to year 2 hints at a trend, but the quarter-to-quarter swing is far larger.

Concept
Recognising seasonal variation
Typical time
90 s
Your time
—
The rule this testsTrend by moving averages
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.