If data for a time series analysis are collected on an annual basis only, which pattern can be ignored?
A) trend
B) seasonal
C) cyclical
D) horizontal

Question

Quizplus · Accepted Answer

Seasonal patterns are based on short-term changes that occur within a year. Since data is collected annually, it is not possible to detect seasonal patterns accurately. On the other hand, trend, cyclical, and horizontal patterns can still be detected in an annual time series data.

If Data for a Time Series Analysis Are Collected on an Annual