If We Fit a Linear Trend to Data That Are

question 26

Multiple Choice

If we fit a linear trend to data that are growing exponentially, which is least likely?

• A)The fitted trend will be too low at the beginning and end.
• B)The fitted trend will be too high in the middle.
• C)The forecasts (if extrapolated) will be too low.
• D)The fit will be poor to the most recent data.

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Definitions:

Informal Fallacy

A type of mistaken reasoning that occurs when an argument is psychologically or emotionally persuasive but logically incorrect.

False Premise

A logical fallacy where an argument is built on a statement that is not true, leading to a faulty conclusion.

Psychologically Appealing

Describes something that is attractive or interesting from a psychological perspective, often because it satisfies certain emotional or cognitive needs.

Fallacy of Ambiguity

Arguments that have ambiguous phrases or sloppy grammatical structure.