The recurring up-and-down movement of a time series around trend levels that last more than one calendar year is called ________.
A) constant variation
B) cyclical variation
C) seasonal variation
D) irregular variation

Question

Quizplus · Accepted Answer

The recurring up-and-down movement of a time series around trend levels that last more than one calendar year is called cyclical variation.

The Recurring Up-And-Down Movement of a Time Series Around Trend