The rise in price before Holi or Diwali is an example of |
Seasonal trend Cyclical trend Long term trend Irregular trend |
Seasonal trend |
The correct answer is Option (1) → Seasonal trend $\text{Rise in price before festivals like Holi or Diwali occurs at regular intervals}$ $\text{Such variations repeat periodically within a year}$ $\Rightarrow \text{Seasonal variation}$ The correct answer is Seasonal trend. |