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A trend line can be fitted through a series graphically. Old values of sales for different areas are plotted on a graph and a free hand curve is drawn passing through as many points as possible. The direction of this free hand curve shows the trend. The main draw bask of this methods is that it may show the trend but not measure it.
impact of computer technology on nigerian economy
The least square method is based on the assumption that the past rate of change of the variable under study will continue in the future. It is a mathematical procedure for fitting
suppose ismail were to eat five pizzas per week.what is the total value ismail would place on his five weekly pizzas?
if the marginal production of labor is rising, is the marginal cost of production rising or falling? Briefly explain
what happen when a new resources has been discovered for computer
Non-existence of Objective Probability Distributions : Let us see why expectations are volatile in nature? According to Keynes (1936, pp. 149): "Our knowledge of the fact
The Acme Bakery in the seaside resort town of Malvino sells freshly baked bread to two categories of consumers: residents of the town and tourists. The weekly demand from touris
9. The average supernormal profit for the firm is
factors that affects the volume of production
Contribution of bonds in n economy.
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