Decrease in production in a factory due

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Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

Decrease in production in a factory due to a sudden strike is :

Options:

Long term trend

Cyclical trend

Irregular trend

Seasonal trend

Correct Answer:

Irregular trend

Explanation:

The correct answer is Option (3) → Irregular trend

Irregular trend (Random Variable) refers to unpredictable, Non-recurring fluctuation and sudden strike is an unexpected disturbance as well.