In contrast to linear trend, an exponential trend is appropriate when the time series changes by a:
A) constant amount each time period
B) constant percentage each time period
C) positive amount each time period
D) negative amount each time period

Question

Quizplus · Accepted Answer

An exponential trend is appropriate when the time series changes by a constant percentage each time period. Therefore, Option B is the correct answer.

In Contrast to Linear Trend, an Exponential Trend Is Appropriate