
Trend Analysis


The assessment of changes in key indicators (trends) over time to identify patterns in the data, using a variety of techniques, including:
Purpose and Use of Trend Analysis Trend analysis has the following practical applications:
Types of Data to be Trended A. Historical Data
Means, Methods and Techniques of Trend Analysis Trend analysis is applied to the following types of data sets.

. Fig. Trend line for a data set. Fig. Outliers relative to the trend line of a scatter plot. Fig. I. Care is trying to connect the dots in order to reveal the patterns in the data that underpins his assets, including trend analysis. Fig. The "high" performers identified on a scatter plot. Fig. Right modal curves to order1, order2 and order3. Fig. Comparison of symmetrical and skewed probability distributions 

See also: 
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