All of the following are true about a cyclical pattern EXCEPT
A)it is often due to multiyear business cycles.
B)it is often combined with long-term trend patterns and called trend-cycle patterns.
C)it usually is easier to forecast than a seasonal pattern due to less variability.
D)it is an alternating sequence of data points above and below the trend line.

Question

Quizplus · Accepted Answer

A cyclical pattern can be more difficult to forecast due to the longer time frame involved and the potential for changes in external factors that can affect the cycle. Additionally, the definition of a cyclical pattern does not include the requirement for data points to alternate above and below the trend line, although this may be a common characteristic.

All of the Following Are True About a Cyclical Pattern