Which of the Following Statements Is False About Trend Patterns

question 8

Multiple Choice

Which of the following statements is false about trend patterns?

• A)Trend is the long-term movement of data over time.
• B)Damped trend occurs when the level of demand increases initially,but over the long run,it levels off.
• C)Exponential decline occurs when each succeeding observation decreases by some constant factor.
• D)Linear trend often occurs when new products are introduced.

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