A restaurant has been experiencing higher sales during the weekends, compared to the weekdays. Daily restaurant sales patterns for this restaurant over a week are an example of a(n) ________ component of a time series.
A) trend
B) seasonal
C) cyclical
D) irregular

Question

Quizplus · Accepted Answer

Daily restaurant sales patterns for this restaurant over a week are an example of a seasonal component of a time series.

A Restaurant Has Been Experiencing Higher Sales During the Weekends