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CUET · MATHS · PYQ PAPER 2023

The rise in prices before Christmas is an example of

  1. A Long term trend
  2. B Cyclical trend
  3. C Seasonal trend
  4. D Irregular trend
Verified Solution

Answer & Solution

Correct Answer

(C) Seasonal trend

Step-by-step Solution

Detailed explanation

In time-series analysis, seasonal trends refer to periodic fluctuations that occur at regular, predictable intervals within a single year. Since price increases before Christmas happen every year due to the holiday season, they are classified as a seasonal variation rather than…