Which of the Following Options Is the BEST Definition of the Seasonal

question 7

Multiple Choice

Which of the following options is the BEST definition of the seasonal component of a time series model?

• A) Short-term cyclic fluctuations in the data
• B) Fluctuations in the data caused by the four seasons
• C) Long-term fluctuations in the data caused by environmental factors
• D) An underlying long-term tendency in the data

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