Which one the following is a variable that takes on values of 1, 2, 3, … for each period in sequence?
A) Dummy variable.
B) Price change index.
C) Trend variable.
D) Dependent variable.
E) Independent variable.

Question

Quizplus · Accepted Answer

A trend variable takes on values of 1, 2, 3, and so on, for each consecutive period in sequence, indicating the direction and magnitude of change over time.

Which One the Following Is a Variable That Takes on Values