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Figure 10-5
-The consumers represented by Segment A in Figure 10-5 above are called
Multiplicative Form
A mathematical expression where quantities are multiplied together, often used in statistical models to represent relationships between variables that have an exponential or geometric effect.
Additive Form
A mathematical or modeling technique where components are added together to form a total, often used in calculations of sums, totals, or composite measurements.
Moving Average Forecast
A method used in forecasting that calculates the average of a series of data points over specific time intervals to identify trends.
Observable Trend
A noticeable movement or direction in data over a period of time that can be analyzed and used for forecasting.
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