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Cards (8)

  • It is the dicrease in the quantity or price
    Downward Trend
  • It is the increase in the quantity or price
    Upward Trend
  • It is a continuous increase and decrease in the number over time
    Linear
  • These are non-leniar curved line where data values rises or falls not  at a steady rate but a higher rate
    Exponential Trend
  • It is a curved line that shows date values rise or fall initially, then suddenly stops rising or falling

    Damped Trend
  • It is when fluctuations repeats over fixed periods of time and are hence predictable and do not extend beyond a year
    Seasonal Trend
  • A cyclical process is series of events happens again and again in the same time (Employment, production)

    Cyclical Trend
  • These are fluctuations in time series that are short induration, erratic in nature and follow no regularity in the occurence pattern
    Random or Irregular or Error