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

Question

Quizplus · Accepted Answer

An exponential trend is characterized by changes that occur by a constant percentage each time period, rather than a constant amount. This means the amount of change is proportional to the current value, leading to exponential growth or decay.

In Contrast to Linear Trend,an Exponential Trend Is Appropriate When