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    Business Statistics
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    Exam 17: Time Series Forecasting and Index Numbers
  5. Question
    The Linear Trend Equation for the Following Data Is
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The Linear Trend Equation for the Following Data Is

Question 23

Question 23

Short Answer

The linear trend equation for the following data is The linear trend equation for the following data is   = 1.4286 + 2.5(t) .    Find the residual value (error) for period 7. = 1.4286 + 2.5(t) .
The linear trend equation for the following data is   = 1.4286 + 2.5(t) .    Find the residual value (error) for period 7. Find the residual value (error) for period 7.

Correct Answer:

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.07 blured image = 1.4...

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