In forecasting, the term 'cycle' refers to repetition of data ________.
A) once a year, if seasonal
B) once in a period
C) within a week
D) during a day

Question

Quizplus · Accepted Answer

A cycle refers to the repetition of data over a period of time, which could be any length, such as a week, a month, or a year. Therefore, option B is the correct choice as it refers to repetition in a period. The other options, such as once a year (option A), within a week (option C), and during a day (option D), refer to specific time periods and do not encompass all possible cycles.

In Forecasting, the Term 'Cycle' Refers to Repetition of Data