Understanding Trends in Data Analysis
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Questions and Answers

What term is used to describe a continuous decrease or increase in numbers over time?

  • Seasonal
  • Fad
  • Trend (correct)
  • Long-lived
  • What type of fluctuations are short in duration, erratic in nature, and follow no regular pattern?

  • Damped
  • Seasonal
  • Long-lived
  • Fad (correct)
  • What characteristic of a trend allows it to cross over into many industries?

  • Damped
  • Linear
  • Long-lived (correct)
  • Exponential
  • Which term describes the ability of a trend to connect people from all over the world with one touch on a screen?

    <p>Trend</p> Signup and view all the answers

    What could be a common driver of trend adoption for individuals experiencing depression due to technology?

    <p>Fads</p> Signup and view all the answers

    In trend analysis, what type of line represents data values that rise or fall in a curved manner?

    <p>Exponential</p> Signup and view all the answers

    What type of trend shows data values initially rising or falling, then suddenly stops?

    <p>Damped trend</p> Signup and view all the answers

    In seasonal trends, fluctuations repeat over fixed periods of time and are usually caused by factors like weather and holidays. What is a key characteristic of seasonal trends?

    <p>Regular and predictable patterns</p> Signup and view all the answers

    Which type of trend is characterized by fluctuations that do not repeat over fixed periods of time and are therefore unpredictable?

    <p>Cyclical trend</p> Signup and view all the answers

    What is the term used for fluctuations in time series that are short in duration, erratic in nature, and follow no regularity in the occurrence pattern?

    <p>Random trend</p> Signup and view all the answers

    Which trend type is represented by a straight line pointing diagonally upwards on a graph?

    <p>Linear trend</p> Signup and view all the answers

    What term defines a reason for an action or condition, or something that brings about an effect or a result?

    <p>'Cause' according to Webster</p> Signup and view all the answers

    What is the main driving element responsible for the widespread adoption of trends?

    <p>Social influence and timing</p> Signup and view all the answers

    According to Henrik Vejlgaard, how are trends born?

    <p>A social process involving human creators</p> Signup and view all the answers

    What distinguishes an Exponential Trend from a Linear Trend?

    <p>Exponential trends have non-linear curved lines while linear are straight</p> Signup and view all the answers

    What role do designers, creators, and producers play in trend creation?

    <p>They contribute to creating fads that may evolve into trends</p> Signup and view all the answers

    How do trends generally exist according to the text?

    <p>Through a cycle of innovation, improvement, and emulation</p> Signup and view all the answers

    What plays a crucial role in people becoming obsessed with trends?

    <p>The need for uniqueness</p> Signup and view all the answers

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