In time series seasonal variations can occur within a period of:
A
Four years
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B
Three years
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C
One year
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D
Nine years
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Solution
The correct option is C One year ⇒ In time series seasonal variations can occur within a period of : Oneyear.
⇒ Over a span of one year, seasonal variation takes place due to the rhythmic forces which operate in
a regular and periodic manner. These forces have the same or almost similar pattern year after year.
⇒ The seasonal variations may be due to various seasons or weather conditions for example sale of cold
drink would go up in summers & go down in winters.