Question: Question 16 2 pts What is the difference between a seasonal component and a cyclical component in time series data? O The periodicity of

Question 16 2 pts What is the difference between a seasonal component and a cyclical component in time series data? O The periodicity of fluctuations for a cyclical component is regular, whereas the periodicity of fluctuations for a seasonal component is not regular. O The seasonal component indicates the data gradually increases over time, whereas cyclical component indicates the data gradually decreases over time. The periodicity of fluctuations for a seasonal component is regular, whereas the periodicity of fluctuations for a cyclical component is not regular. O The cyclical component indicates the data gradually increases over time, whereas seasonal component indicates the data gradually decreases over time.

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