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    Business Statistics
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    Exam 17: Time Series Forecasting and Index Numbers
  5. Question
    Consider the Regression Equation = 18
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Consider the Regression Equation = 18

Question 102

Question 102

Short Answer

Consider the regression equation Consider the regression equation   = 18.321 + 3.762(t) and the data below.    Compute the residuals (error terms) for periods 6 and 7. = 18.321 + 3.762(t) and the data below.
Consider the regression equation   = 18.321 + 3.762(t) and the data below.    Compute the residuals (error terms) for periods 6 and 7. Compute the residuals (error terms) for periods 6 and 7.

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e6 = 6.107, e7 = .345
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