If data for a time series analysis is collected on an annual basis only, which pattern does not need to be considered?
A) trend
B) seasonal
C) cyclical
D) horizontal

Question

Quizplus · Accepted Answer

Seasonal patterns are typically associated with data collected on a more frequent basis, such as monthly or quarterly, where specific times of the year show regular fluctuations. Annual data does not usually exhibit seasonal patterns.

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