The fundamental difference between cycles and seasonality is the:
A) duration of the repeating patterns.
B) magnitude of the variation.
C) ability to attribute the pattern to a cause.
D) all of the these
E) none of the these

Question

Quizplus · Accepted Answer

The fundamental difference between cycles and seasonality is in the duration of the repeating patterns. Cycles are longer-term patterns that occur irregularly, often over multiple years, while seasonality is shorter-term patterns that recur in a periodic, predictable manner within a year. The magnitude of the variation and the ability to attribute the pattern to a cause may be similar for both cycles and seasonality.

The Fundamental Difference Between Cycles and Seasonality Is The