The fundamental difference between cycles and seasonality is the:
A)duration of the repeating patterns.
B)magnitude of the variation.
C)ability to attribute the pattern to a cause.
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

The fundamental difference between cycles and seasonality is the duration of the repeating patterns. Cycles typically have a longer duration, often lasting several years, while seasonality has a shorter duration, typically lasting less than a year. The magnitude of the variation and the ability to attribute the pattern to a cause can apply to both cycles and seasonality, but they are not the fundamental difference between the two.

The Fundamental Difference Between Cycles and Seasonality Is The