A logarithmic straight-line trend equation should be used for forecasts when the time series is increasing by?
A) Equal amounts
B) Increasing percents
C) Increasing amounts
D) Increasing or decreasing percents
E) Constant percents

Question

Quizplus · Accepted Answer

A logarithmic straight-line trend equation should be used for forecasts when the time series is increasing by constant percents.

A Logarithmic Straight-Line Trend Equation Should Be Used for Forecasts