Based on the following scatter plot,which of the time-series components is not present in this quarterly time series?
A) Long-term trend
B) Cyclical variation
C) Seasonal variation
D) Random variation

Question

Based on the following scatter plot,which of the time-series components is not present in this quarterly time series? 
A) Long-term trend 
B) Cyclical variation 
C) Seasonal variation 
D) Random variation

Quizplus · Accepted Answer

The scatter plot does not show any regular cycles or fluctuations over time, which suggests that there is no cyclical variation present in this quarterly time series. However, there is an overall upward trend and there are some visible seasonal patterns throughout the data. Additionally, there are some random fluctuations that occur around the trend and the seasonal patterns.

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