Trend Analysis of Company XYZ's Revenue

Medium Analysis Techniques Trend Analysis

Company XYZ has reported the following revenue figures over four consecutive years:

Year 1: $1,000,000

Year 2: $1,200,000

Year 3: $1,500,000

Year 4: $1,800,000

Which of the following statements accurately describes the trend analysis of Company XYZ's revenue over this period?

The revenue is experiencing a constant growth rate.

The revenue shows an increasing trend with a decreasing growth rate.

The revenue demonstrates an increasing trend with an increasing growth rate.

Submitted6.7K

Correct5.1K

% Correct77%