Quote:
Originally Posted by emmdeegee
(snip)
If I have a sequence
3,4,4,5,5
Does this sequence "In general, increase", or is there no trend?
(snip)
Thanks!
|
I would probably say that if you do linear regression to a line, with increasing integers for x, and the slope is positive then it "in general, increases."
Even if there are some small decreases along the way.
Similar to the way economists talk about the stock market, looking at long-term trends and ignoring daily (weekly, monthly, yearly) fluctuations.