Based on the following scatter plot, which of the time-series components is not present in this quarterly time series?
A) Trend
B) Seasonal
C) Cyclical
D) Irregular

Question

Based on the following scatter plot, which of the time-series components is not present in this quarterly time series? 
A) Trend 
B) Seasonal 
C) Cyclical 
D) Irregular

Quizplus · Accepted Answer

The scatter plot shows a clear trend and some seasonal variation, but there is no evidence of any cyclical patterns. There are no repeated patterns or cycles of variable lengths, which would indicate the presence of a cyclical component. Instead, the data appears to be stable over time except for the seasonal variations. Therefore, the correct answer is C) Cyclical.

Based on the Following Scatter Plot, Which of the Time-Series