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There are three approaches to hazard analysis: preliminary, detailed, and post-op.
Forecast Equation
An equation used in statistical analysis to predict future values based on past data and trends, often involving variables and coefficients.
Percentage of Trend
A statistical measure that represents the direction and movement of data points over a specified period, often used to identify patterns in time series data.
Moving Average
A statistical method used to smooth out short-term fluctuations and highlight longer-term trends or cycles in data.
Seasonal Indexes
Numerical values used to adjust for seasonal effects in time series data, allowing for the comparison of data across different seasons.
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