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Business Statistics, 3rd Edition
book

Business Statistics, 3rd Edition

by Naval Bajpai
April 2024
Intermediate to advanced content levelIntermediate to advanced
921 pages
37h 16m
English
Pearson India
Content preview from Business Statistics, 3rd Edition
Chapter 16
634
important. Without the knowledge of these seasonal  uctuations, the sales manager may commit
mistakes in judging seasonal upswings and seasonal slumps that may affect demand. Therefore,
for understanding the behaviour of the phenomenon in a time series, the data must be adjusted
for seasonal variations. This technique is called de-personalization and will be discussed later in
this chapter.
16.5.3 Cyclical Variations
Cyclical variations refer to oscillatory movements in a time series with a period of oscillation
of more than a year. Cyclical variations are the components of a time series that tend to oscillate
above and below the ...
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Publisher Resources

ISBN: 9789390168996