Multiple Choice
The following trend line was calculated from quarterly data for 2006-2010: ŷ = 2.35 + 0.12t, where t = 1 for the first quarter of 2006. The trend value for the third quarter of the year 2011 is:
A) 5.110.
B) 4.990.
C) 5.230.
D) None of these choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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