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    Statistics for Business and Economics Study Set 5
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    Exam 16: Decision Making and Payoff Tables in Investment Scenarios
  5. Question
    Given a Linear Time Series Trend, = - 5
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Given a Linear Time Series Trend, = - 5

Question 24

Question 24

Multiple Choice

Given a linear time series trend, Given a linear time series trend,   = - 5.2 + 3.1t, what is the forecast for 2015 if the t = 0 in 2007? A)  22.7 B)  33.1 C)  30.0 D)  21.7 E)  19.6 = - 5.2 + 3.1t, what is the forecast for 2015 if the t = 0 in 2007?


A) 22.7
B) 33.1
C) 30.0
D) 21.7
E) 19.6

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