Multiple Choice
If we fit a linear trend to data that are growing exponentially, which is least likely?
A) The fitted trend will be too low at the beginning and end.
B) The fitted trend will be too high in the middle.
C) The forecasts (if extrapolated) will be too low.
D) The fit will be poor to the most recent data.
Correct Answer:
Verified
Correct Answer:
Verified
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