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Which of the Following Statements Is False About Trend Patterns

Question 8

Multiple Choice

Which of the following statements is false about trend patterns?


A) Trend is the long-term movement of data over time.
B) Damped trend occurs when the level of demand increases initially,but over the long run,it levels off.
C) Exponential decline occurs when each succeeding observation decreases by some constant factor.
D) Linear trend often occurs when new products are introduced.

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