All of the following are true about a cyclical pattern except it is
A) often due to multiyear business cycles.
B) often combined with long-term trend patterns and called trend-cycle patterns.
C) an alternating sequence of data points above and below the trend line.
D) usually easier to forecast than a seasonal pattern due to less variability in length of time.

Question

All of the following are true about a cyclical pattern except​ it is
A) often due to multiyear business cycles.
B) often combined with long-term trend patterns and called trend-cycle patterns.
C) an alternating sequence of data points above and below the trend line.
D) usually easier to forecast than a seasonal pattern due to less variability in length of time.

Quizplus · Accepted Answer

The statement that cyclical patterns are usually easier to forecast than seasonal patterns due to less variability in length of time is not true. Cyclical patterns can be more difficult to forecast because they often do not have a fixed period and can vary in amplitude.

All of the Following Are True About a Cyclical Pattern