Which of the following are examples of irregular trends in a time series? (A) Decrease in production due to a sudden strike. Choose the correct answer from the options given below: |
(A), (B) and (D) only (A), (C) and (D) only (B), (C) and (D) only (B) and (C) only |
(A), (C) and (D) only |
The correct answer is Option (2) → (A), (C) and (D) only Irregular trends in a time series are caused by unexpected or unpredictable events. (A) Decrease in production due to a sudden strike ✅ Irregular (B) The rise in prices before festivals ❌ This is a seasonal trend (C) Unusual rise in income of the printing press due to the announcement of an election ✅ Irregular (D) Fall in crop yield due to floods ✅ Irregular |