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Question
Cyclical variation can occur several times in a year.
Options
True
False
Solution
This statement is False.
Explanation:
Seasonal variation can occur several times in a year.
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RELATED QUESTIONS
Use the method of least squares to fit a trend line to the data in Problem 1 above. Also, obtain the trend value for the year 1975.
Choose the correct alternative :
Which of the following can’t be a component of a time series?
Moving averages are useful in identifying ______.
An overall upward or downward pattern in an annual time series would be contained in which component of the times series?
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_______ component of time series is indicated by a smooth line.
_______ component of time series is indicated by periodic variation year after year.
_______ component of time series is indicated by a long wave spanning two or more years.
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Seasonal variation can be observed over several years.
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Which component of time series refers to erratic time series movements that follow no recognizable or regular pattern?
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The following trend line equation was developed for annual sales from 1984 to 1990 with 1984 as base or zero year.
Y = 500 + 60X (in 1000 ₹). The estimated sales for 1984 (in 1000 ₹) is
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An overall upward or downward pattern in an annual time series would be contained in which component of the times series?
______ components of time series is indicated by a smooth line
______ component of time series is indicated by periodic variation year after year.
State whether the following statement is True or False:
Seasonal variation can be observed over several years
Cyclical variation can occur several times in a year.