Question

Two time series techniques that are appropriate when the data display a strong upward or downward trend are ___________ and ___________. Group of answer choices

Answer 1

Answer:

adjusted exponential smoothing; linear regression.

Explanation:

A time series can be defined as a technique used in statistical analysis and it involves indexing sets of data elements in a timely or successive order i.e sequentially.

Two time series techniques that are appropriate when the data display a strong upward or downward trend are adjusted exponential smoothing and linear regression.

An adjusted exponential smoothing is a statistical technique used for forecasting through the calculation of the weighted average of an actual value.