Economics · Time Series Analysis
Match List-I (Categories of Time Series Patterns) with List-II (Their Meaning) and select the correct option: List-I (A) Seasonal Variation (B) Random Fluctuation (C) Business Cycles (D) Trends List-II (i) Movement in an economic variable that is periodic. (ii) Steady movement in an economic variable over time. (iii) Movement in an economic variable that depends on the time of the year. (iv) Movement in an economic variable due to unpredictable factors.
- 1(A)-(iii), (B)-(iv), (C)-(i), (D)-(ii)✓
- 2(A)-(iii), (B)-(iv), (C)-(ii), (D)-(i)
- 3(A)-(i), (B)-(ii), (C)-(iv), (D)-(iii)
- 4(A)-(i), (B)-(iv), (C)-(iii), (D)-(ii)
Correct answer
(A)-(iii), (B)-(iv), (C)-(i), (D)-(ii)
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