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    Business statistics Study Set 3
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    Exam 23: Time-Series Analysis and Forecasting
  5. Question
    The Trend Line ?<Sub>t</sub> = 14
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The Trend Line ?t = 14

Question 19

Question 19

True/False

The trend line ?t = 14.13 - 0.54t was calculated from quarterly data for 2006-2010, where t = 1 for the first quarter of 2006. The trend value for the fourth quarter of the year 2011 is 1.170.

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