Underlying trends Syllabus 2013

T1ger1973
Registered Posts: 2
Hi everyone,
I am struggling to find an example of how to calculate underlying trends, this came up in my exam and I did not have a clue where to start. Can someone tell me if Trend and underlying Trend are the same thing? I would really appreciate you help on this one.
I am struggling to find an example of how to calculate underlying trends, this came up in my exam and I did not have a clue where to start. Can someone tell me if Trend and underlying Trend are the same thing? I would really appreciate you help on this one.
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Comments
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They are pretty much the same. The underlying trend is the pattern which remains in a Time Series after removing variations, especially seasonal variation.0
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Hi Peter,
Thank you for that, please can you give me a worked example so I know i'm working it out correctly?
Kind regards,
[email protected]0 -
There is an example calculation of trend on page 14 of the Time Series Workbook at meadowgatetraining.co.uk/sample-material/0