Trend extrapolation Sample Clauses

Trend extrapolation. It is usually necessary to generate some predictions which are unique to the situation under study. Further, the predictions have to be justified and therefore be based in some formal analysis of the historic development of the traffic (Xxxxx and Caves, 2000). So the trend extrapolation is come up. The simple formal analytic technique is called trend extrapolation, and this trend can be in time or scale. Usually historic trend can derive by simple linear regression of the traffic itself or the annual growth rate, and then projected into the future and modified by judgment to considering the changing circumstances. One form of trend analysis which is very popular in USA is the “Step-down” procedure. This derives either regional or local market share from given national forecasts, making use of historic data of how the market shares changed. Since the method is best for predicting future situations in markets where relatively stable traffic patterns is the rule, it has been argued that the uncertainties created by deregulation in the distribution of traffic make it less appropriate now (Xxxxx and Caves, 2000).
Sample 1
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