Question: A fundamental distinction between trend projection and linear regression is that: Trend projection can be a function of several variables, while linear regression can only
A fundamental distinction between trend projection and linear regression is that:
Trend projection can be a function of several variables, while linear regression can only be a function of one
Trend projection uses two smoothing constants, not just one
In trend projection the independent variable ts time, in tinear regression the independent variable need not b but can be any variable with explanatory power
Trend projection uses least squares while linear regression does not
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