Which of the following is an example of a seasonal pattern in data? The data val
ID: 460932 • Letter: W
Question
Which of the following is an example of a seasonal pattern in data?
The data values are continually increasing with time.
The data exhibits an exponentially smoothed pattern.
The average sales on Monday is higher than the average daily sales.
The volume of calls is dependent upon the product release schedule.
None of the above
The data values are continually increasing with time.
The data exhibits an exponentially smoothed pattern.
The average sales on Monday is higher than the average daily sales.
The volume of calls is dependent upon the product release schedule.
None of the above
Explanation / Answer
Seasonal pattern is influenced by seasonal factors such as quarter, month or day of week.
Correct Answer: The average sales on Monday is higher than the average daily sales.
As the sales are dependent on day of week.