Repeatable periods of ups and downs over short periods of time are called _____.
A) trends
B) seasonal patterns
C) cyclical patterns
D) irregular variations

Question

Quizplus · Accepted Answer

Seasonal patterns refer to the repeating cycles of ups and downs over short periods of time, such as daily, weekly, or monthly cycles. Trends refer to long-term changes in data over time, cyclical patterns refer to longer-term fluctuations that repeat at regular intervals, and irregular variations refer to unpredictable changes in data.

Repeatable Periods of Ups and Downs Over Short Periods of Time