Linear trend extrapolation is a form of trend extrapolation in which the
A) pattern changes from year to year.
B) pattern is always a straight line.
C) slope of the line is tied directly to profits.
D) shape of the pattern is a hyperbola.
E) pattern follows an S-shaped curve.

Question

Quizplus · Accepted Answer

Linear trend extrapolation assumes that the pattern of data points follows a straight line, indicating a constant rate of change over time.

Linear Trend Extrapolation Is a Form of Trend Extrapolation in Which