
Trend Projection
Trend projection is a forecasting method used to predict future values based on historical data. It involves analyzing past trends—such as sales growth, population changes, or economic indicators—to estimate future outcomes. By identifying patterns in the data, such as consistent increases or decreases, analysts can project these trends forward. This technique is widely used in various fields, including business and economics, to make informed decisions. While trend projection can provide valuable insights, it’s important to consider that past trends may not always continue due to changing circumstances or unexpected events.