Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

The rise in prices before Christmas is an example of

Options:

Long term trend

Cyclical trend

Seasonal trend

Irregular trend

Correct Answer:

Seasonal trend

Explanation:

$\text{Seasonal trend refers to variations that occur regularly within a year}$

$\text{due to seasons, festivals, or recurring events.}$

$\text{Prices rising before Christmas occur every year during the same season.}$

$\text{Correct answer: Seasonal trend.}$