In order for a time series to exhibit a seasonal component, the data must be measured in periods as short or shorter than quarterly.

Name: In order for a time series to exhibit a seasonal component, the data must be measured in periods as short or shorter than quarterly.
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Question

Quizplus · Accepted Answer

A seasonal component is a pattern that repeats over a period of one year or less. Quarterly data is measured in periods of three months, which is longer than one year. Therefore, quarterly data cannot exhibit a seasonal component.

In Order for a Time Series to Exhibit a Seasonal