Question: Discuss the difference between a cyclical component and a seasonal component. Which component is more predictable, seasonal or cyclical? Discuss and illustrate with examples.

Discuss the difference between a cyclical component and a seasonal component. Which component is more predictable, seasonal or cyclical? Discuss and illustrate with examples.

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Discuss the difference between a cyclical component and a seasonal component. Which component is more predictable, seasonal or cyclical? Discuss and illustrate with examples.

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