GLOBAL TREND


Meaning of GLOBAL TREND in English

Sometimes referred to as the fixed mean structure. By using a geostatistical method, this trend can be removed, and then the remaining component as random short-range variation (random error or residual) be modeled. The main reason to remove a trend in geostatistics is to satisfy stationarity assumptions.

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.