Which of the following is not a characteristic of trend projections?
A)The variable being predicted is the Y variable.
B)Time is the X variable.
C)It is useful for predicting the value of one variable based on time trend.
D)A negative intercept term always implies that the dependent variable is decreasing over time.

Question

Quizplus · Accepted Answer

A negative intercept term does not always imply that the dependent variable is decreasing over time. It could simply mean that the initial value of the dependent variable at time zero is lower than the reference point for the trend line. Therefore, D is not a characteristic of trend projections.

Which of the Following Is Not a Characteristic of Trend