Linear trend forecasting models cannot be applied to a time series with nonlinear trend.

Name: Linear trend forecasting models cannot be applied to a time series with nonlinear trend.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Linear trend forecasting models can be applied to a time series with nonlinear trends, but they may not provide the most accurate predictions compared to models specifically designed for nonlinear trends. Linear models can still offer insights and serve as a baseline for comparison.

Linear Trend Forecasting Models Cannot Be Applied to a Time