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In the northern hemisphere, suppose you observe the upper-level winds blowing from the south. In which direction from you is the trough of low pressure?
Random Component
In statistical models, the part of variation that cannot be attributed to any identifiable factors and appears without a discernible pattern.
Trend Corrected Exponential Smoothing
A forecasting technique that adjusts exponential smoothing to account for trends in the data, enhancing prediction accuracy.
Holt's Model
A forecasting technique that extends exponential smoothing to allow the data to exhibit a trend.
Observable Trend
A pattern or movement in data over time that can be identified and analyzed to understand current movements and predict future developments.
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