Seasonal components
A)cannot be predicted.
B)are regular repeated patterns.
C)are long runs of observations above or below the trend line.
D)reflect a shift in the series over time.

Question

Quizplus · Accepted Answer

Seasonal components are regular repeated patterns that occur in a time series at fixed intervals, such as daily, weekly, monthly or yearly. They are predictable and can be used to forecast future values of the time series. Options A, C, and D are inaccurate descriptions of seasonal components.

Seasonal Components