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The Results of a Quadratic Model Fit to Time-Series Data

Question 23

Multiple Choice

The results of a quadratic model fit to time-series data were ?_t = 7.5 - 0.2t + 2.8t², where t = 1 for 2002. The forecast value for 2011 is:

A) 289.5.
B) 285.5.
C) 236.1.
D) 232.5.

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