What does "seasonal adjustment" mean?
A) Data are seasonally adjusted if we take out changes that occur in about the same size and same time every year.
B) Data are seasonally adjusted when we ignore the effects of one-time events such as strikes and hurricanes.
C) Data are seasonally adjusted if we report the average for this month over several past years, not just this one month's data.
D) Data are seasonally adjusted if we report the average for the past four months, not just this month's data.

Question

Quizplus · Accepted Answer

Seasonal adjustment refers to the process of removing the regular seasonal fluctuations in data that occur around the same time each year, such as holidays, school schedules, and weather patterns. This allows for a more accurate comparison of data between different time periods.

What Does "Seasonal Adjustment" Mean