The cyclical component of a time series
A) is obtained by adding up the seasonal indexes.
B) represents periodic fluctuations which reoccur within 1 year.
C) represents periodic fluctuations which usually occur in 2 or more years.
D) is obtained by adjusting for calendar variation.

Question

Quizplus · Accepted Answer

The cyclical component represents long-term periodic fluctuations that occur over periods longer than one year, typically associated with economic cycles.

The Cyclical Component of a Time Series