In a time series analysis it is often important to analyze seasonal variations
A) true
B) false
C) either of the above
D) any of the above

Question

Quizplus · Accepted Answer

Seasonal variations are a critical component of time series analysis, as they help in understanding patterns that recur over specific periods within the data, such as monthly, quarterly, or annually. This analysis is essential for forecasting and planning purposes.

In a Time Series Analysis It Is Often Important to Analyze