CUET · MATHS · PYQ PAPER 2023
The rise in prices before Christmas is an example of
- A Long term trend
- B Cyclical trend
- C Seasonal trend
- D Irregular trend
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…
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