A systematic increase or decrease in the mean of a demand time series is referred to as
A) a trend.
B) random variation.
C) a seasonal pattern.
D) a cyclical adjustment.

Name: A systematic increase or decrease in the mean of a demand time series is referred to as A) a trend. B) random variation. C) a seasonal pattern. D) a cyclical adjustment.
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Question

Quizplus · Accepted Answer

A trend refers to a systematic increase or decrease in the mean of a demand time series over time.

A Systematic Increase or Decrease in the Mean of a Demand