A Trend Is

question 177

Multiple Choice

A trend is

• A) a measure of closeness on a scatter diagram.
• B) a general tendency for a variable to rise or fall.
• C) the maximum value of a variable.
• D) the minimum value of a variable.
• E) the difference between the maximum value of a variable and the minimum value of the variable.

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Definitions:

Certainty

The condition of being sure about something or having no doubt.

Risk

The potential for losing something of value or the possibility of an adverse outcome, often quantified in terms of probability and impact.

Objectivity

The practice of basing decisions or conclusions on unbiased facts and evidence rather than personal feelings or opinions.

Strategic Planning

The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy.