Describe the term trend projection
Describe the term trend projection.
Expert
Trend projection:
A graph demonstrating the actual movement of a series is constructed and the apparent trend of the data upon future is projected or extrapolated. It is based upon the assumption that which forces that contributed past will carry on having the same effect.
What is Scarcity Definition of economics?
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Illustrates the real concept briefly?
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States the Extrapolation statistical Method of Demand Forecasting?
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