Year-over-year growth data exclude seasonal variations in growth rates.

Name: Year-over-year growth data exclude seasonal variations in growth rates.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Year-over-year growth data compare the growth rate of a period to the same period the previous year, so they do not account for seasonal variations. Seasonally adjusted data are used to isolate the underlying trend in data by removing the effects of seasonal fluctuations.

Year-Over-Year Growth Data Exclude Seasonal Variations in Growth Rates