Time series projections can often be improved by making adjustments to eliminate monthly or quarterly effects. The adjustments are best known as:
A) seasonal adjustments.
B) temporary adjustments.
C) general adjustments.
D) counter adjustments.
E) none of the above.

Question

Quizplus · Accepted Answer

Seasonal adjustments are made to eliminate seasonal effects in a time series projection. These effects may include monthly or quarterly fluctuations due to holidays, weather patterns, or other seasonal factors. By adjusting for these effects, a more accurate projection can be made.

Time Series Projections Can Often Be Improved by Making Adjustments