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    Statistics
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    Statistics for Business and Economics Study Set 2
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    Exam 17: Time Series Analysis and Forecasting
  5. Question
    The Sales Volumes of CMM, Inc
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The Sales Volumes of CMM, Inc

Question 36

Question 36

Essay

The sales volumes of CMM, Inc., a computer firm, for the past 8 years is given below. The sales volumes of CMM, Inc., a computer firm, for the past 8 years is given below.    a.Develop a linear trend expression for the above time series. b.Forecast sales for period 9.
a.Develop a linear trend expression for the above time series.
b.Forecast sales for period 9.

Correct Answer:

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a.Tt = 0.92...

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