What is trend projection?
A) When numerical data is available,a trend can be plotted to display changes through time and into the future
B) A trend is examined to identify its nature,causes,speed of development and potential impacts
C) Trends viewed as particularly important in a specific community,industry or sector are carefully monitored,watched and reported to key decision makers
D) Complex systems can be modelled by means of mathematical equations and different scenarios can be run against the model to determine 'what if' analysis

Question

Quizplus · Accepted Answer

Trend projection is a statistical method of forecasting future trends based on past data. When numerical data is available, a trend can be plotted to display changes through time and into the future. This method is widely used in economics, finance, and business planning.

What Is Trend Projection