Which option BEST describes the purpose of seasonally adjusting time series data?
A) Adjusting data to give a picture of data 'as if seasons had not existed'
B) Adjusting data so that the seasonal variation is constant
C) Adjusting data so that the seasonal variation is reduced by half
D) Adjusting data to show the impact of seasonal differences

Question

Quizplus · Accepted Answer

Seasonally adjusting time series data aims to remove the effects of seasonal variation to provide a clearer view of the underlying trends and patterns, essentially presenting the data 'as if seasons had not existed'. This allows for more accurate comparisons across different time periods.

Which Option BEST Describes the Purpose of Seasonally Adjusting Time