A histogram is
a. a graphical presentation of a frequency or relative frequency distribution.
b. a graphical method of presenting a cumulative frequency or a cumulative relative frequency distribution.
c. the history of data elements.
d. the same as a pie chart.
Question 2
All of the following are true about a cyclical pattern except
a. It is often due to multiyear business cycles.
b. It is often combined with long-term trend patterns and called trend-cycle patterns.
c. It usually is easier to forecast than a seasonal pattern due to less variability.
d. It is an alternating sequence of data points above and below the trend line.
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