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What is cyclic fluctuation in statistic?

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What is cyclic fluctuation in statistic?
posted Jul 11, 2017 by Amrita

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Cyclical variation : Cyclical variations are recurrent variations in a time series usually last longer than a year. Most of the time series in business and economics show such cyclical variation. A business cycle has four wheel defined periods : prosperity, decline, depression and improvement.

answer Jul 12, 2017 by Ramesh Gowda