Which of the following is an advantage of using the TREND() function versus the regression tool?
A) The TREND() function provides more statistical information.
B) The TREND() function handles multiple dependent variable data.
C) The TREND() function is dynamically updated when input to the function changes.
D) The TREND() function does not use a least squares regression line.

Question

Quizplus · Accepted Answer

The TREND() function is dynamically updated when input to the function changes, making it more convenient to use than the regression tool, which requires the whole data to be re-analyzed each time input changes. The other advantages mentioned are not applicable to TREND() function.

Which of the Following Is an Advantage of Using the TREND()