Question: Mindy is trying to develop a sales forecast for the upcoming year. As she looks over the last three year's monthly sales report, she notices
Mindy is trying to develop a sales forecast for the upcoming year. As she looks over the last three year's monthly sales report, she notices that sales for swimwear are always about higher in June, July, and August. In a time series analysis, we would consider this to be a
systematic error.
random error.
seasonal pattern.
cyclical pattern.
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