what are the methods of secular trend
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Secular trend – The word trend means ‘tendency’. So, secular trend is that component of the time series which gives the general tendency of the data for a long period. It is smooth, regular and long-term movement of a series. The steady growth of the same status for a particular commodity of a company or the fall of demand for a certain article for long years can be studied through secular trend. Do note that rapid fluctuations cannot give the trend. Growth of population in a locality over decades is a good example of secular trend.
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secular trend means tredency
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