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    Basic Business Statistics Study Set 3
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    Exam 16: Time-Series Forecasting
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    Microsoft Excel Was Used to Obtain the Following Quadratic Trend
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Microsoft Excel Was Used to Obtain the Following Quadratic Trend

Question 54

Question 54

Short Answer

Microsoft Excel was used to obtain the following quadratic trend equation: Sales = 100 - 10X + 15X2.
The data used was from 2004 through 2013 coded 0 to 9.The forecast for 2014 is .

Correct Answer:

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