The time series pattern that exists when the data fluctuate around a constant mean is the _____.
A) horizontal pattern
B) trend pattern
C) seasonal pattern
D) cyclical pattern

Question

Quizplus · Accepted Answer

A time series pattern where the data fluctuate around a constant mean is called a horizontal or stationary pattern because there is no trend, seasonality, or cyclical pattern present.

The Time Series Pattern That Exists When the Data Fluctuate