Short Answer
TABLE 16-7
The number of passengers arriving at San Francisco on the Amtrak cross-country express on 6 successive Mondays were: 60, 72, 96, 84, 36, and 48.
-A second-order autoregressive model for average mortgage rate is: Ratei = - 2.0 + 1.8(Rate)i-1 - 0.5 (Rate)i-2.
If the average mortgage rate in 1998 was 7.0, and in 1997 was 6.4, the forecast for 1999 is_____
Correct Answer:

Verified
Correct Answer:
Verified
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