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Suppose Proctor and Gamble introduces a new brand of laundry detergent.Brand proliferation is an example of
Forecasted Value
An estimate of what a variable's value will be at a future point in time, based on patterns observed in past data.
Trend Line
A line graphed in a scatter plot to show the general direction of a dataset over time.
Quarterly Data
Data that is collected, reported, or compiled at three-month intervals, often used in financial and economic analysis to track seasonal patterns and short-term trends.
Seasonal Indexes
Numerical values that represent the relative level of seasonal influence on a variable, often used to adjust data for seasonal effects.
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