Question
Mathematics Question on Financial Mathematics
A delay in production for some days in a factory due to an electric fault is:
A
Long-term trend
B
Cyclical trend
C
Seasonal trend
D
Irregular trend
Answer
Irregular trend
Explanation
Solution
A delay in production due to an electric fault is an unexpected and irregular occurrence. Unlike long-term, cyclical, or seasonal trends which follow predictable patterns over time, irregular trends represent random, unpredictable fluctuations in data.