A Linear Trend Means That the Time Series Variable Changes

question 2

Multiple Choice

A linear trend means that the time series variable changes by a:

• A) constant amount each time period
• B) constant percentage each time period
• C) positive amount each time period
• D) negative amount each time period

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Definitions:

Inconsistent

A term used to describe a system of equations that has no solution because the equations represent parallel lines.

Elimination

A method for solving a system of equations by adding or subtracting the equations in order to eliminate one of the variables.

Positive Integers

Whole numbers greater than zero.

Difference

The difference obtained when one number is subtracted from another.