Question:
The general decline in the sales of cotton clothes is attached with:
The general decline in the sales of cotton clothes is attached with:
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A general, ongoing decline over time reflects the long-term secular trend, not seasonal or cyclical swings.
Updated On: Jul 4, 2026
- Secular trend.
- Cyclical component.
- Seasonal component.
- Change of choice of the youth.
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The Correct Option is A
Solution and Explanation
Step 1: A time series is decomposed into four components: secular trend (the smooth, long-term direction over many years), cyclical component (medium-term wave-like swings tied to business cycles), seasonal component (regular fluctuations within a single year tied to the calendar), and the irregular or random component.
Step 2: The phrase "general decline" describes a sustained, ongoing directional movement in sales measured over an extended span of years, not a fluctuation that repeats every year at the same calendar point and not an up-down swing over a multi-year cycle.
Step 3: A sustained long-term downward movement of this kind is precisely what is defined as the secular trend of a time series.
Step 4: Hence the general decline in sales of cotton clothes reflects the secular trend.
\[\boxed{\text{Secular trend}}\]Was this answer helpful?
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