Which of the following types of trend models will best suit a series where the increase in value of the series gets larger over time?
A) Exponential trend
B) Linear trend
C) Quadratic trend
D) Polynomial trend

Question

Quizplus · Accepted Answer

An exponential trend model is best suited for a series where the increase in value becomes progressively larger over time, as it captures the accelerating growth pattern.

Which of the Following Types of Trend Models Will Best