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Seasonal Rate
What is seasonal adjusted rate and which industeries can use them? please also tell that whether they are used only hypothetically or real? :)
It is a rate adjustment used for economic or business data that attempts to remove the seasonal variations in the data. Most data will be affected by the time of the year. Adjusting for the seasonality in data means more accurate relative comparisons can be drawn from month to month all year.
this rate is often used for seasonal industeries like icecream, cold drinks
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