Describe the term trend projection
Describe the term trend projection.
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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.
Illustrates the Objectives of managerial economics?
States the Delphi Survey method of Demand Forecasting?
Illustrates the internal economies of scale?
Illustrates the Modern Definition?
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