Multiple Choice
Use the data given below to answer the following question(s) .
The table provided below gives the sales details of the number of android smart phones at an electronic retail store for the past 6 weeks. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. (Hint: Optimize α value in 0.1 increments)
-In the linear trend equation, Ft+k = at + btk, at is known as the .
A) level
B) trend
C) slope
D) forecast
Correct Answer:

Verified
Correct Answer:
Verified
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