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Dear student,

When the data is classified on the basis of time like weeks, months, quarters, years, etc., it is called Chronological Classification.
The data is classified either in ascending or in descending order, with reference to time. For example,

Profits of a company on a yearly basis(In Rupees):
Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
Profits 55000 67000 76000 62000 84000


Regards,

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