Damages due to floods, droughts and strikes fires are associated with the components of which of the time series
A)Secular trend
B)Cyclical variation
C)Seasonal variation
D)Irregular variation

Question

Quizplus · Accepted Answer

Damages due to floods, droughts, and strikes fires are associated with the irregular variation component of a time series. This is because these events are unpredictable and do not follow a regular pattern or cycle.

Damages Due to Floods, Droughts and Strikes Fires Are Associated