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Explain cyclic variations - Business Mathematics and Statistics

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प्रश्न

Explain cyclic variations

योग

उत्तर

These variations are not necessarily uniformly periodic in nature.

That is, they may or may not follow exactly similar patterns after equal intervals of time.

Generally, one cyclic period ranges from 7 to 9 years and there is no hard and fast rule in the fixation of year for a cyclic period.

For example, every business cycle has a Start-Boom – Depression.

Recover, maintenance during booms and depressions, changes in government monetary policies, changes in interest rates.

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अध्याय 9: Applied Statistics - Exercise 9.1 [पृष्ठ २०९]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
अध्याय 9 Applied Statistics
Exercise 9.1 | Q 7 | पृष्ठ २०९
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