Erratic/Irregular Fluctuations, Business Mathematics and Statistics B Com Notes | EduRev

Business Mathematics and Statistics

Created by: Arshit Thakur

B Com : Erratic/Irregular Fluctuations, Business Mathematics and Statistics B Com Notes | EduRev

The document Erratic/Irregular Fluctuations, Business Mathematics and Statistics B Com Notes | EduRev is a part of the B Com Course Business Mathematics and Statistics.
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Erratic or Irregular Component : These movements are exceedingly difficult to dissociate quantitatively from the business cycle. Their causes are such irregular and unpredictable happenings such as wars, droughts, floods, fires, pestilence, fads and fashions which operate as spurs or deterrents upon the progress of the cycle. Examples such movements are : high activity in middle forties due to erratic effects of 2nd world war, depression of thirties throughout the world, export boom associated with Korean War in 1950.

The common denominator of every random factor it that does not come about as a result of the ordinary operation of the business system and does not recur in any meaningful manner.

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