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    Statistics for Managers
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    Exam 16: Time-Series Analysis and Index Numbers
  5. Question
    Microsoft Excel Was Used to Obtain the Following Quadratic Trend
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Microsoft Excel Was Used to Obtain the Following Quadratic Trend

Question 40

Question 40

Short Answer

Microsoft Excel was used to obtain the following quadratic trend equation:
Sales = 100 - 10X + 15X2.
The data used was from 1999 through 2008, coded 0 to 9. The forecast for 2009 is ________.

Correct Answer:

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