The trend we would choose to forecast the number of water damage claims in 2010 is the exponential method.
The exponential model is a term that is used to describe the degradation or failure process that is based on an equation such as:
wherein y is degradation,
T is the time, and
A and B are the parameters to be estimated by the regression method based on the data that is historically available.
Water damage is a term that is often used to describe various possible losses that are caused by water intruding wherein it enables the attack by destructive processes such as rotting of wood, mold growth, bacteria growth etc.
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