Which of the following is not a componen

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Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

Which of the following is not a component of the time series?

Options:

Trend component

Cyclical Component

Seasonal Component

Average Component

Correct Answer:

Average Component

Explanation:

The correct answer is Option (4) → Average Component

Standard components of a time series are:

• Trend

• Seasonal

• Cyclical

• Irregular

There is no component called **Average component**.

Final answer: Average Component