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Definition: Trend fitting
Category: OECD - Data and Metadata Reporting
The general process of representing the trend component of a time series. A trend may be represented by a particular curve form, e.g. the logistic, or by a particular form of the general class of polynomial in time, or by a moving average. http://ec.europa.eu/eurostat/ramon/coded_files/OECD_data_metadata_report_handbook_EN.pdf
Source:
Marriott, F.H.C., 1990, "A Dictionary of Statistical Terms", 5th ed., Longman Scientific and Technical, Burnt Mill, Harlow, Essex, England, for the International Statistical Institute [quoted in Organisation for Economic Co-operation and Development (OECD), "Data and Metadata Reporting and Presentation Handbook", OECD, Paris, 2007]
Marriott, F.H.C., 1990, "A Dictionary of Statistical Terms", 5th ed., Longman Scientific and Technical, Burnt Mill, Harlow, Essex, England, for the International Statistical Institute [quoted in Organisation for Economic Co-operation and Development (OECD), "Data and Metadata Reporting and Presentation Handbook", OECD, Paris, 2007]
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