Question

A fundamental distinction between trend projection and linear regression is that

A) trend projection uses least squares while linear regression does not

B) only linear regression can have a negative slope

C) in trend projection the independent variable is time; in linear regression the independent variable need not be time, but can be any variable with explanatory power

D) trend projection can be a function of several variables, while linear regression can only be a function of one variable

E) trend projection uses two smoothing constants, not just one

Answer

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