Which of the following types of trend models will best suit a series where the value of the series changes by a fixed amount for each period?
A) Cubic trend
B) Linear trend
C) Exponential trend
D) Quadratic trend

Question

Quizplus · Accepted Answer

A linear trend model will best suit a series where the value of the series changes by a fixed amount for each period. This is because a linear trend model assumes a constant rate of change over time. A cubic, exponential, or quadratic trend model would not be appropriate for this type of series.

Which of the Following Types of Trend Models Will Best