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Question
Choose the correct alternative:
Factors responsible for seasonal variations are
Options
Weather
Festivals
Social customs
All the above
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Solution
All the above
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RELATED QUESTIONS
State the uses of time series
Define secular trend
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The following figures relates to the profits of a commercial concern for 8 years
| Year | Profit (₹) |
| 1986 | 15,420 |
| 1987 | 15,470 |
| 1988 | 15,520 |
| 1989 | 21,020 |
| 1990 | 26,500 |
| 1991 | 31,950 |
| 1992 | 35,600 |
| 1993 | 34,900 |
Find the trend of profits by the method of three yearly moving averages
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