Match the Time Series Patterns in List-I with their appropriate descriptions in List-II: List-I (Patterns) (A) Seasonal Variation (B) Random Fluctuation (C) Business Cycles (D) Trends List-II (Meaning) (I) Movement in an economic variable that is periodic over several years. (II) Steady, long-term movement in an economic variable over time. (III) Movement in an economic variable that depends on the specific time of the year. (IV) Movement in an economic variable due to unpredictable or erratic factors.

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Economics · Statistical Methods

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

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Answer 1

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Answer 2

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

Answer 3

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

Answer 4

(A)-(IV), (B)-(III), (C)-(II), (D)-(I)

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