Which trend would you choose to forecast the 2013 value of Bob's beer can collection?
A)Exponential model.
B)Quadratic model.
C)They are equivalent.

Question

Which trend would you choose to forecast the 2013 value of Bob's beer can collection?  
A)Exponential model. 
B)Quadratic model. 
C)They are equivalent.

Quizplus · Accepted Answer

An exponential model would be the best choice for forecasting the value of Bob's beer can collection since it is likely that the collection has been growing over time, and an exponential model is best suited for situations where data values are increasing or decreasing at an increasing rate.

Which Trend Would You Choose to Forecast the 2013 Value