Match List – I with List – II.
|
LIST I |
LIST II |
|
A. Secular trend component |
I. Captures the periodic variability of data |
|
B. Seasonal component |
II. Shows oscillatory movement where period of oscillation is more than a year |
|
C. Cyclical component |
III. Shows unaccountable, unpredictable fluctuation |
|
D. Irregular component |
IV. Smooth regular and long term variation in the series. |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → A-IV, B-I, C-II, D-III
$\text{(A) Secular trend} \Rightarrow \text{Long-term smooth variation} \Rightarrow \text{(IV)}$
$\text{(B) Seasonal component} \Rightarrow \text{Periodic variation within a year} \Rightarrow \text{(I)}$
$\text{(C) Cyclical component} \Rightarrow \text{Oscillation with period > 1 year} \Rightarrow \text{(II)}$
$\text{(D) Irregular component} \Rightarrow \text{Unpredictable fluctuation} \Rightarrow \text{(III)}$
A–IV,\; B–I,\; C–II,\; D–III