Seasonality
Seasonality refers to the presence of variations that occur at specific regular intervals of time, such as daily, weekly, monthly, or yearly. In data science, seasonality is a common pattern observed in time series data, where the data exhibits regular and predictable fluctuations over a period of time. Seasonality can be caused by various factors, such as weather, holidays, or cultural events, and can have a significant impact on business operations and decision-making. Identifying and analyzing seasonality patterns in data can help organizations to forecast future trends, optimize inventory management, and improve resource allocation.
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