The primary difference between seasonality and cycles is:
A)the duration of the repeating patterns
B)the magnitude of the variation
C)the ability to attribute the pattern to a cause
D)the direction of the movement
E)there are only 4 seasons but 30 cycles

Question

Quizplus · Accepted Answer

Seasonality refers to patterns that repeat every year, while cycles can refer to patterns that repeat over a longer or shorter period of time (such as business cycles or weather cycles). The main distinguishing factor between the two is the duration of the repeating patterns.

The Primary Difference Between Seasonality and Cycles Is