Question: 1 ) Discuss the difference between a cyclical component and a seasonal component. Which component is more predictable: seasonal or cyclical? Discuss and illustrate with

1)

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

2)

Identify the businesses in your community that you expect to have sales that exhibit a seasonal component. Discuss.

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