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What is Trend?

Updated: 9/14/2023
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Wiki User

13y ago

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The ABS trend is defined as the 'long term' movement in a time series without calendar related and irregular effects, and is a reflection of the underlying level. It is the result of influences such as population growth, price inflation and general economic changes. The following graph depicts a series in which there is an obvious upward trend over time:

Figure 3: Quarterly Gross Domestic Product

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Wiki User

13y ago
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Hayden Kambeitz

Lvl 2
4y ago

its kinda like very popular.

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