Colorado Worksheet - Trend Analysis

State:
Multi-State
Control #:
US-04084BG
Format:
Word; 
Rich Text
Instant download

Description

The term trend analysis refers to the concept of collecting information and attempting to spot a pattern, or trend, in the information. It involves a method of time series data (information in sequence over time) analysis involving comparison of the same item (such as monthly sales revenue figures) over a significantly long period to (1) detect general pattern of a relationship between associated factors or variables, and (2) project the future direction of this pattern. To track emerging trends that can affect small businesses in general and your business in particular, you need to stay informed.

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Colorado Worksheet - Trend Analysis