What are the advantages and disadvantages of using a linear trend for forecasting?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Mar 03, 2024 07:02 AM

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What are the advantages and disadvantages of using a linear trend for forecasting?

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Using a linear trend for forecasting has both advantages and disadvantages Advantages Simplicity Lin...View the full answer

Statistics For Business And Financial Economics

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