Which of the following represents the fluctuations up to a twelve month time period?
A)Seasonal component
B)Irregular component
C)Trend
D)Cyclical component

Question

Quizplus · Accepted Answer

The seasonal component represents fluctuations that occur within a twelve month time period, such as seasonal changes in sales or weather patterns. The irregular component represents non-repeating fluctuations, the trend represents long-term changes in the data, and the cyclical component represents fluctuations that occur over a period of more than a year.

Which of the Following Represents the Fluctuations Up to a Twelve