When there is a significant upward or downward trend in the data,the two best forecasting models are exponential smoothing and linear regression.

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Quizplus · Accepted Answer

Exponential smoothing is better suited for data with no trend or seasonality, while linear regression can handle trends. For significant trends, models like ARIMA or Holt's linear trend method are more appropriate.

When There Is a Significant Upward or Downward Trend in the Data,the