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.
E)They are often developed using linear regression.

Question

Quizplus · Accepted Answer

A negative intercept term does not always imply a decreasing dependent variable over time. It could also indicate that the dependent variable starts at a higher value and decreases at a slower rate over time, or that there is a negative correlation between the independent and dependent variables.

Which of the Following Is Not a Characteristic of Trend