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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