Based on the following scatter plot, which of the time- series components is not present in this quarterly time series?
A) trend
B) irregular
C) seasonal
D) cyclical

Question

Based on the following scatter plot, which of the time- series components is not present in this quarterly time series? 
A) trend 
B) irregular 
C) seasonal 
D) cyclical

Quizplus · Accepted Answer

There is no clear cycle or pattern in the fluctuations of the data, indicating that the cyclical component is not present. The scatter plot may show a slight upward trend, but it is not strong enough to establish a clear trend component. There also seems to be no regular seasonal pattern. However, there are some noticeable irregular fluctuations.

Based on the Following Scatter Plot, Which of the Time-