The seasonal component of a time series is more difficult to predict than the cyclic component because cyclic variation is much more regular.

Question

Quizplus · Accepted Answer

The seasonal component of a time series is generally easier to predict than the cyclic component because seasonal patterns tend to occur at fixed and known intervals, whereas cyclic variations are often irregular and influenced by economic and other factors, making them harder to predict.

The Seasonal Component of a Time Series Is More Difficult