An exponential trend pattern occurs when
A)the amount of increase between periods in the value of the variable is constant.
B)the percentage change between periods in the value of the variable is relatively constant.
C)there is a no relationship between the time series variable and time.
D)there are random fluctuations in the variable value with time.

Question

Quizplus · Accepted Answer

An exponential trend pattern occurs when the percentage change between periods in the value of the variable is relatively constant. This means that the variable is increasing (or decreasing) at an increasingly faster rate over time. The amount of increase between periods may vary, but the rate of increase (or decrease) stays the same.

An Exponential Trend Pattern Occurs When