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    Types of Trends

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    1) What are some examples of each of the trend types (Secular/Linear)?

    2) What external factors might affect each of the different types of trending?

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    1) A secular trend is a long-term trend. It is a movement or trend in a series over very long periods of time. One example is the revenue of a business or the value of the stock market. If you plot the value against time, in the short term you will see fluctuations (these fluctuations might be random, or in a cyclical pattern over weeks, months, or years), but over a long period of time, the trend will (hopefully!) be a positive one. This ...

    Solution Summary

    Discusses the external factors that affect secular and linear trends.