What Is Trend Analysis

question 24

Multiple Choice

What is trend analysis?

• A) When numerical data are available, a trend can be plotted to display changes through time and into the future
• B) A trend is examined to identify its nature, causes, speed of development, and potential impacts
• C) Trends viewed as particularly important in a specific community, industry, or sector are carefully monitored, watched, and reported to key decision makers
• D) Complex systems can be modeled by means of mathematical equations and different scenarios can be run against the model to determine "what if" analysis

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Definitions:

Hazel Rose Markus

A social psychologist renowned for her research in self-schemas, and how the self is constructed in the context of social and cultural environments.

Charles Horton Cooley

an American sociologist known for his work on the looking-glass self, which describes the process by which individuals form their self-image through how they believe others view them.

Twenty Statements Test

A self-assessment tool used in social psychology which asks respondents to complete the sentence "I am..." twenty times to assess their self-conception.

Zoroastrian

A follower of Zoroastrianism, one of the world's oldest monotheistic religions, founded by the prophet Zoroaster in ancient Iran.