Match List I with List II
| LIST I | LIST II | ||
| A. | CYCLICAL COMPONENT | I. | It is also known as trend series, is smooth, regular and long term variance of series, observed over a long period of time. |
| B. | SECULAR TREND COMPONENT | II. | Fluctuations are unaccountable, unpredictable or sometimes caused by unforeseen circumstances |
| C. | IRREGULAR COMPONENT | III. | Time series shows an oscillatory movement where period of oscillation is more than one year. |
| D. | SEASONAL COMPONENT | IV. | When time series captures the periodic variability in the data, capturing regular pattern of variability within one-year. The main cause can be climate change etc. |
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → A-III, B-I, C-II, D-IV
| LIST I | LIST II | ||
| A. | CYCLICAL COMPONENT | III. | Time series shows an oscillatory movement where period of oscillation is more than one year. |
| B. | SECULAR TREND COMPONENT | I. | It is also known as trend series, is smooth, regular and long term variance of series, observed over a long period of time. |
| C. | IRREGULAR COMPONENT | II. | Fluctuations are unaccountable, unpredictable or sometimes caused by unforeseen circumstances |
| D. | SEASONAL COMPONENT | IV. | When time series captures the periodic variability in the data, capturing regular pattern of variability within one-year. The main cause can be climate change etc. |