describe the graphical method to measure trend
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Graphical Method
Under this method the values of a time series are plotted on a graph paper by taking time variable on the X-axis and the values variable on the Y-axis. After this, a smooth curve is drawn with free hand through the plotted points. The trend line drawn above can be extended to forecast the values.
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Answered by
0
Answer:
Graphical Method
Under this method the values of a time series are plotted on a graph paper by taking time variable on the X-axis and the values variable on the Y-axis. After this, a smooth curve is drawn with free hand through the plotted points. The trend line drawn above can be extended to forecast the values
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