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I in a Time Series Analysis, the Letter "A" in the Linear

Question 69

Multiple Choice

i. In a time series analysis, the letter "a" in the linear trend equation, is the value of i. In a time series analysis, the letter  a  in the linear trend equation, is the value of   when t = 0.  ii. In the linear trend equation, t is any value that corresponds with a time period, i.e., month or quarter. Iii)  If the sales, production or other data over a period of time tend to approximate a straight-line Trend, the equation developed by the least squares method cannot be used to forecast sales for a future period. A)  (i) , (ii)  and (iii)  are all correct statements B)  (i)  and (ii)  are correct statements, but not (iii) . C)  (i)  and (iii)  are correct statements but not (ii) . D)  (ii)  and (iii)  are correct statements but not (i) . E)  All statements are false when t = 0.
ii. In the linear trend equation, t is any value that corresponds with a time period, i.e., month or quarter.
Iii) If the sales, production or other data over a period of time tend to approximate a straight-line
Trend, the equation developed by the least squares method cannot be used to forecast sales for a future period.


A) (i) , (ii) and (iii) are all correct statements
B) (i) and (ii) are correct statements, but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements but not (i) .
E) All statements are false

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