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Svetllana [295]
3 years ago
14

With reference to time series data patterns, a cyclical pattern is the component of the time series that:

Mathematics
1 answer:
egoroff_w [7]3 years ago
4 0

Answer:

b. shows a periodic pattern lasting more than one year.

Step-by-step explanation:

A cyclical pattern is the component of the time series that exhibit fluctuations in the data pattern. The frequency at which the data rises and falls is not fixed. The fluctuations occurring in the cyclical pattern can last up to 2 years or more.

Time series patterns are of three types, namely, trend, seasonal, and cyclical. The trend is associated with an increase in data that lasts a long period of time. The seasonal increase in data occurs at a definite frequency.

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Step-by-step explanation:

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a

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