The Fundamental Difference Between Cycles and Seasonality Is the

question 95

Multiple Choice

The fundamental difference between cycles and seasonality is the

• A) duration of the repeating patterns.
• B) magnitude of the variation.
• C) ability to attribute the pattern to a cause.
• D) speed of the variation.
• E) cycles happen more often than seasonality.

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Definitions:

Invalid Hypothesis

A hypothesis that is disproven or found to be incorrect based on evidence or statistical analysis.

Correlation

A statistical measure that indicates the degree to which two variables fluctuate together, ranging from -1 (perfect negative correlation) to +1 (perfect positive correlation).

Variance

A statistical measure that represents the dispersion or spread of a set of data points around their mean value.

Coefficient of Determination

A statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.