18 Questions
What term is used to describe a continuous decrease or increase in numbers over time?
Trend
What type of fluctuations are short in duration, erratic in nature, and follow no regular pattern?
Fad
What characteristic of a trend allows it to cross over into many industries?
Long-lived
Which term describes the ability of a trend to connect people from all over the world with one touch on a screen?
Trend
What could be a common driver of trend adoption for individuals experiencing depression due to technology?
Fads
In trend analysis, what type of line represents data values that rise or fall in a curved manner?
Exponential
What type of trend shows data values initially rising or falling, then suddenly stops?
Damped trend
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?
Regular and predictable patterns
Which type of trend is characterized by fluctuations that do not repeat over fixed periods of time and are therefore unpredictable?
Cyclical trend
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?
Random trend
Which trend type is represented by a straight line pointing diagonally upwards on a graph?
Linear trend
What term defines a reason for an action or condition, or something that brings about an effect or a result?
'Cause' according to Webster
What is the main driving element responsible for the widespread adoption of trends?
Social influence and timing
According to Henrik Vejlgaard, how are trends born?
A social process involving human creators
What distinguishes an Exponential Trend from a Linear Trend?
Exponential trends have non-linear curved lines while linear are straight
What role do designers, creators, and producers play in trend creation?
They contribute to creating fads that may evolve into trends
How do trends generally exist according to the text?
Through a cycle of innovation, improvement, and emulation
What plays a crucial role in people becoming obsessed with trends?
The need for uniqueness
Learn about different types of trends in data analysis, including secular trend, seasonal trend, and damped trend. Explore how each trend is characterized and how they can be identified in data.
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