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) speed of the variation.
E) cycles happen more often than seasonality.

Question

Quizplus · Accepted Answer

The duration of repeating patterns is the key difference between cycles and seasonality. Cycles are longer patterns that occur over years, while seasonality refers to shorter patterns that tend to happen within a year.

The Fundamental Difference Between Cycles and Seasonality Is the