The Linear Model for Long-Term Trend Is: Y = $\beta$ ₀

Multiple Choice

The linear model for long-term trend is: y = $\beta$ ₀ + $\beta$ ₁t + $\varepsilon$ ,where t is the time period.The trend is indicated by:

A) $\beta$ ₀
B) $\beta$ ₁
C) y
D) t