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Time series data contains a Trend, and Cyclical, Seasonal variation and an Irregular component. What are the characteristics of a seasonal pattern? Multiple choice question.
Time series data contains a Trend, and Cyclical, Seasonal variation and an Irregular component. What are the characteristics of a seasonal pattern? Multiple choice question. The smooth long-term direction of a time-series. The business cycle, where expansion and recession follow each other about every six years. Recurring pattern of highs and lows corresponding to specific time periods
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