A seasonal pattern in time series data is evident when the level of the variable of interest moves erratically up or down from one period to the next.

Name: A seasonal pattern in time series data is evident when the level of the variable of interest moves erratically up or down from one period to the next.
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Question

Quizplus · Accepted Answer

A seasonal pattern in time series data is characterized by regular, predictable changes that recur every calendar year, not erratic movements from one period to the next.

A Seasonal Pattern in Time Series Data Is Evident When