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According to the labor supply and demand model,
Forecasted Sales
Predicted sales figures based on analysis of market trends, historical sales data, and other relevant factors, used by businesses for planning.
Trend Equation
A mathematical formula that models the underlying trend in a dataset, often used to make predictions about future values based on current and past data.
Time Series
A sequence of data points collected or recorded at successive points in time, often analyzed to understand trends or patterns.
Cyclical Variation
Fluctuations in statistical or economic data that occur over regular periods due to seasonal, quarterly, or other cyclical patterns.
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