Economics · Time Series Analysis
Cyclical variations in a time series ________
- 1represent the tendency of data to increase or decrease or stagnate over a long period of time
- 2take place due to the rhythmic forces which operate in a regular and periodic manner within a single year
- 3are a result of unforeseen and unpredictable forces which operate in an absolutely random or erratic manner
- 4exist due to ups & downs recurring after a period from time to time but they may not be uniformly periodic✓
Correct answer
exist due to ups & downs recurring after a period from time to time but they may not be uniformly periodic
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