What is meant by trend component of a time series, Basic Statistics

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What is meant by trend component of a time series

Assignment:

What is meant by the trend component of a time series? How is a linear trend different from a nonlinear trend?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Basic Statistics: What is meant by trend component of a time series

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