In time series analysis,the _____ component represents regular,recurring movements within the year.

Question

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The seasonal component represents regular, recurring movements within the year, such as the peaks and troughs in sales that occur every holiday season or the spikes in energy consumption during the summer months. This pattern is typically observed over a period of one year or less and can be attributed to various factors, including weather, holidays, and other calendar events.

In Time Series Analysis,the _____ Component Represents Regular,recurring Movements Within