Which Trend Would You Choose to Forecast the Number of Water

question 86

Multiple Choice

Which trend would you choose to forecast the number of water damage claims in 2010?

• A)Exponential model.
• B)Polynomial model.
• C)They are equivalent.

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Definitions:

Pygmalion Effect

The effect in which elevated expectations result in improved performance.

Encouragement

The act of providing support, confidence, or hope to someone, often leading to increased motivation or morale.

High Expectations

Describes a state where there is an anticipation of excellence or high performance from oneself or others.

Halo Effect

A cognitive bias where an observer's overall impression of a person, company, or brand influences the observer's feelings and thoughts about that entity's character or properties.