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    Basic Statistics for Business Economics
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    Exam 16: Time Series and Forecasting
  5. Question
    Given the Trend Equation ŷ = 25 + 0
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Given the Trend Equation ŷ = 25 + 0

Question 47

Question 47

Multiple Choice

Given the trend equation ŷ = 25 + 0.6t (t = 0 in 2010) , what would be the forecast value for 2014?


A) 2.4
B) 28.0
C) 3.0
D) 32.0
E) 27.4

Correct Answer:

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