Which graph would you require to get a visual expression of time series data? Explain which trend
Question:
Which graph would you require to get a visual expression of time series data? Explain which trend model should be used in case the time series data rejects the following types of graphs:
a. straight line trend.
b. long term downward or upward quadratic movement.
c. increase at a rate such that the percentage difference from value to value is constant.
d. Among the models you get as an answer in (a), (b) and (c), how would you determine which model to choose?
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To visually express time series data a line graph is typically used as it effectively displays the data points over a continuous time period This type ...View the full answer
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Related Book For 
Public Finance An International Perspective
ISBN: 9789814365048
1st Edition
Authors: Joshua E. Greene
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