Which of the following statements about the cyclical component of a ciassical time series decomposition model is false? O The cyclical component is typically computed from data that cover a minimum of 2 years. O The cyclical component is viewed as the consequence of long range gradual changes in such factors as population size or composition, technology, or consumer preferences O All of the options are correct. O The cyclical component of a time series, denoted by C. is a relatively smooth. progressively upward or downward movement of a variable. Y, over an extended period of time.