When a time series appears to be increasing at an increasing rate, such that percentage
Difference from value to value is constant, the appropriate model to fit is the
A)linear trend.
B)quadratic trend.
C)exponential trend.
D)None of the above.

Question

Quizplus · Accepted Answer

An exponential trend is appropriate when the percentage change from one period to the next is constant, indicating growth at an increasing rate.

When a Time Series Appears to Be Increasing at an Increasing