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-Using the data in the table above, with y measured on the vertical axis, the slope of the line relating y to x is
Trend
A general direction in which something is developing or changing, often identified through the analysis of data over time.
Seasonal Trend
A pattern in data that repeats at regular intervals over time, typically within a year.
Indicator Variable
A variable that takes on values of 0 or 1 to indicate the absence or presence of a categorical effect that may influence dependent variables.
Seasonal Index
Seasonal index refers to a numerical value that is assigned to specific time intervals to measure the seasonal pattern or variation in a data set over a period.
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