Refer to the exhibit.
In the exhibit, a correlogram is provided based on an autocorrelation analysis of a sample dataset.
What can you conclude based only on this exhibit?

A.
There appears to be no structure left to model in the data
B.
There appears to be a seasonal component in the data
C.
Lag 1 has a significant autocorrelation
D.
There appears to be a cyclical component in the data
How is it A?
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