The merchants in Dallas,Texas,suffered flood damage in May 2003. Stores were closed for remodeling nearly two months. What is this type of variation in sales called?
A)Secular trend
B)Seasonal variation
C)Cyclical variation
D)Episodic variation

Question

Quizplus · Accepted Answer

The type of variation in sales that occurred due to flood damage and store closures is called episodic variation, which is caused by unexpected events or circumstances that disrupt normal business operations.

The Merchants in Dallas,Texas,suffered Flood Damage in May 2003