A linear trend equation is used to represent time series values when the dependent data are changing by equal?
A) Percents
B) Proportions
C) Amounts
D) Rights
E) Exponents

Question

Quizplus · Accepted Answer

A linear trend equation is used to represent time series values when the dependent data are changing by equal amounts. The equation will have the form Y = a + bx, where Y is the dependent variable, x is the independent variable (usually time), a is the Y-intercept, and b is the slope of the line or the rate of change of Y per unit of x.

A Linear Trend Equation Is Used to Represent Time Series