If the exports (in $millions) for the period 2006 through 2010 were $878, $892, $864, $870, and $912, respectively, what are these values called?
A) Moving average
B) Linear trend equation
C) Logarithmic trend equation
D) Time series data

Question

Quizplus · Accepted Answer

The given values are a collection of data points representing exports over time, therefore they are time series data. Moving averages involve calculating the average of a subset of data points over a specific time period, but no such calculation is done here. Linear and logarithmic trend equations involve modeling the data to determine a pattern or trend, which is not given here either.

If the Exports (In $Millions) for the Period 2006 Through