Question

Which of the following statements about trend analysis is correct? Multiple Choice A- Time-series analysis is...

Which of the following statements about trend analysis is correct?

Multiple Choice

A- Time-series analysis is an example of trend analysis.

B- Trend data are always in dollars.

C- Trend analysis is also known as vertical analysis.

D- Common-size analysis is an example of trend analysis.

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Answer #1

Answer - A. Time series analysis  is an example of trend analysis.

Time series analysis is a statistical technique that deals with time series data, or trend analysis. time series data means that data is in a series of particular time periods or intervals.

time series analysis is useful when you want to extract information form a time series , to discover the characteristics of a physical system that generates the time series, to predict the changes of a time series, or to improve control over the physical system .

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