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Thursday, October 18, 2018 2:23:53 PM
I would think even elementary school level would teach what a true trend line is...
I I had a year long chart of the price of anything and it started at say, 1 cent.. Then it quickly spiked to 10 cents, then proceeded to steadily decline over the rest of the year period, winding up at say, 2 cents, then the starting & ending points show a final increase, but the trend line was without any possible doubt a DOWNTREND. Elementary, Watson. Of course I'm basing my opinion on common sense & good math skills. I have not looked up the definition of a trend but I will. I'm certain I'm correct, because the word trend means direction & indication, over time, as opposed to start/endpoints, no?
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