The ________ component of a time series measures the fluctuations in a time series due to economic conditions of prosperity and recession with a duration of approximately 2 years or longer.
A) trend
B) seasonal
C) cyclical
D) irregular

Question

Quizplus · Accepted Answer

The cyclical component of a time series measures the fluctuations in a time series due to economic conditions of prosperity and recession with a duration of approximately 2 years or longer.

The ________ Component of a Time Series Measures the Fluctuations