I in the Linear Trend Equation, the Letter "B" Is

question 48

Multiple Choice

i. In the linear trend equation, the letter "b" is the average change in t for each change of one unit
(either increase or decrease) in y.
ii. The least squares method of computing the equation for a straight line going through the data of
Interest gives the "best fitting" line.
iii. A straight-line trend equation is used to represent the time series when it is believed that the
Data is increasing (or decreasing) by equal amounts, on the average, from one period to another.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

---

Definitions:

Start-Up Meeting

An initial meeting held at the beginning of a project or engagement to clarify objectives, roles, and procedures among all participants.

Alignment Sessions

Meetings or workshops aimed at ensuring all members of a team or organization understand and are working towards the same goals or objectives.

Agenda Items

Issues, topics, or tasks listed for discussion or action in a meeting's agenda.

Communication Structure

The organized way in which information flows within an organization or project team, including the methods and channels of communication.