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Excel's Trendline feature cannot be used in modeling trends which include time variables.Group of answer choicesTrueFalse

Question

Excel's Trendline feature cannot be used in modeling trends which include time variables.

Group of answer choices

  • True
  • False
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Solution

The statement is: "Excel's Trendline feature cannot be used in modeling trends which include time variables."

To determine if this statement is true or false, we can follow these steps:

  1. Open Microsoft Excel and input the data that includes time variables and the corresponding values for the trend.
  2. Select the data points and go to the "Insert" tab in the Excel ribbon.
  3. In the "Charts" group, click on the "Scatter" chart type and choose the desired scatter plot.
  4. Right-click on any data point in the chart and select "Add Trendline" from the context menu.
  5. In the "Format Trendline" pane, choose the desired trendline type, such as linear, exponential, or polynomial.
  6. If the trendline options do not include a suitable option for modeling trends with time variables, then the statement is true. Otherwise, if there is an option that can be used to model trends with time variables, then the statement is false.

Therefore, the answer to the question is: False.

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