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Advanced Bank Management

Unit - 15 : Time Series

Time Series:

4 Types of variation in Time series:

    1. Secular Trend – Over a long period of time - Consumer price Index
    2. Cyclical Fluctuation – Business cycle
    3. Seasonal variation – Doctor – Seasons (changes within a year)
    4. Irregular variation – Unpredictable, Earth Quake, war etc.


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