Based on the following scatter plot,which of the time-series components is not present in this quarterly time series?
A)trend
B)seasonal
C)cyclical
D)irregular

Question

Based on the following scatter plot,which of the time-series components is not present in this quarterly time series? 
A)trend 
B)seasonal 
C)cyclical 
D)irregular

Quizplus · Accepted Answer

There is no clear cyclical pattern present in the scatter plot. While there may be some fluctuation in the data, there is no clear repetitive pattern that would indicate a cyclical component. However, there is a slight upward trend in the data, as indicated by the general direction of the points on the scatter plot, and there appears to be some seasonal variation as well, as indicated by the clustering of points around certain time periods. There is also some irregular variation present, as indicated by the scattered points that deviate from the trend and seasonal patterns.

Based on the Following Scatter Plot,which of the Time-Series Components