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Explain linear and non linear trend patterns.

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Can you explain linear and non linear trends patterns and give an example of a product that fits all four patterns, meaning linear decreasing trend, linear increasing trend, nonlinear increasing trend and nonlinear decreasing trend. Which ones are easiest to forecast?

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Solution Summary

Response gives four data sets, four graphs and comments about the pattern for each. Discussion includes why some are easier to forecast.

Solution provided by:
Carol Sargent, PhD
Education
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
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