Trend Analysis Expresses Each Number as a Percent of the Base

question 14

True/False

Trend analysis expresses each number as a percent of the base year.

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Definitions:

Population Standard Deviation

A measure of the dispersion of a set of data points in a population away from its mean.

Sample Mean

The average of a set of values from a sample of a population, used to estimate the population mean.

Sample Standard Deviation

A measure of dispersion that indicates how much the values in a sample deviate from the sample mean.

Rejection Region

The range of values in a statistical test for which the null hypothesis is rejected.