Examlex
Use the properties of exponents to simplify the expression. Write with positive exponents.
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Exponential Trend
A pattern of data that showcases growth or decay at a constantly increasing rate, often represented graphically as a curved line.
Autoregressive(2)
A type of statistical model used in time series analysis in which a variable's current value is predicted from its own previous values, using two time-lags.
Second-order Autoregressive Model
A stochastic process where the current value is based on a linear combination of the two immediately prior values plus an error term.
Average Mortgage Rate
The mean interest rate given across all mortgage loans in a given period, indicating the cost of borrowing for home loans.
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