In the retail industry,time-series forecasts,a type of trend analysis,are used to predict long-term trends such as seasonal variations,as in Christmas sales versus summer sales.

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An example of trend analysis is a time-series forecast,a hypothetical extension of a past series of events into the future.The basic assumption is that the picture of the present can be projected into the future.An example of trend analysis is a time-series forecast,which predicts future data based on patterns of historical data.Time-series forecasts are used to predict long-term trends,cyclic patterns (as in the up-and-down nature of the business cycle),and seasonal variations (as in Christmas sales versus summer sales).

In the Retail Industry,time-Series Forecasts,a Type of Trend Analysis,are Used