trend-analysis

Vocabulary Word

Definition
'Trend-analysis' means studying patterns or trends in data over time to predict the future. It's like looking at a line graph and trying to sketch how the line might continue.
Examples in Different Contexts
In market research, 'trend-analysis' provides insights into how consumer preferences evolve. A business strategist might mention, 'Our trend-analysis indicates a growing demand for sustainable products.'
Practice Scenarios
Finance

Scenario:

This company's stock has shown consistent performance over the years, but we should also consider the broader market scenario.

Response:

Good point. We can use trend analysis to predict how these overall market situations may affect the company's stock price.

Tech

Scenario:

With the recent spike in user registration, we need to ensure the app performance remains uncompromised.

Response:

I agree. A thorough trend analysis can help us in identifying potential bottlenecks and optimize app performance.

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