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CUET · MATHS · PYQ PAPER 2023

The increase in the sale of shawls during winters is an example of :

  1. A Trend component of time series
  2. B Cyclical component of time series
  3. C Seasonal component of time series
  4. D Irregular component of time series
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Correct Answer

(C) Seasonal component of time series

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The increase in shawl sales during winter is a predictable pattern that repeats every year within a fixed timeframe. In time series analysis, such regular and periodic fluctuations that occur within a year are classified as seasonal variations. (C)Seasonal component of time…
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