4. A trend (T) pattern exists when there is a long-term increase or trend decrease in the...

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4. A trend (T) pattern exists when there is a long-term increase or trend decrease in the data. The sales of many companies, the gross national product (GNP), and many other business or economic indicators follow a trend pattern in their movement over time.

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Forecasting Methods And Applications

ISBN: 9780471532330

3rd Edition

Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman

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