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What is cyclical variations?

Updated: 9/16/2023
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14y ago

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cyclical variation: Piece to piece variation. Often used to describe a repeating pattern, such as a seasonal variation in sales that peaks before Christmas.

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Trever Windler

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2y ago
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14y ago

Cyclical variation : cyclical variations are recurrent variations in a time series usually last longer than a year. Most of the time series in business and economics show such cyclical variation. A business cycle has four wheel defined periods : prosperity, decline, depression and improvement.

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11y ago

cyclical variation: Piece to piece variation. Often used to describe a repeating pattern, such as a seasonal variation in sales that peaks before Christmas.

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Expalain the difference between cyclical and seasonal variations in a data series?

Expalain the difference between cyclical and seasonal variations in a data series?


What is variations?

Cyclical variation : cyclical variations are recurrent variations in a time series usually last longer than a year. Most of the time series in business and Economics show such cyclical variation. A business cycle has four wheel defined periods : prosperity, decline, depression and improvement.


What is a difference between seasonal and cyclical variations?

seasons change very three months but cycles change rate vary from one to five years


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The Secular trends, Seasonal variations, and Cyclical Fluctuations are all components of the Time Series. Following are some of their distinguishing features. Secular trends are the part of time series which show the overall tendency of the data over a longer period of time e.g. growth of population in a particular area over a certain period of time. Seasonal variations are periodic and regular data changes within a year. The sales of garments are a good example of seasonal variations which see every a regular change in the type of garments that are being sold every season. Cyclical fluctuations typically lasting for more than a year are best represented by a business cycle which goes through a number phases of prosperity, decline, depression, and regain. As opposed to seasonal variations, they don't have regular periodicity and each phase can be of it's own length.


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