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A pattern of gradual change, output or process, or an average or general tendency of a series of data points to move in a certain direction is called …………………………………

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Last updated date: 13th Jun 2024
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Answer
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Hint:
> A pattern means the way in which something happens, develops, or is done.
> Gradual change means taking place, changing, moving, etc.
> Tendency means something that a person or thing usually does.

Complete answer:
A pattern of gradual change, output or process, or the average or general tendency of a series of data points to move in a certain direction is called trend. A trend is a direction in which something is changing, moving, taking place, etc. The word “Trend” is to develop or change something.

The term “trend” is used in the world of business. A trend is a pattern of gradual change, output or process. A trend is an average or a general tendency of a series of data points to move in a certain direction. A trendy person is someone who is very fashionable and up to date. This term is used for the style also. A “trend” word is also used in the financial market. It provides direction time to time in the financial markets. Financial market is classified as secondary, primary and secular markets.

Note
> A bull market or trend is the market that has upward moving, i.e. prices are rising.
> A bear market or trend is the market that has downward moving, i.e. prices are falling.
> The trend is used for the short term.