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The Result of a Quadratic Model Fit to Time-Series Data p¨t=8.50.25t+2.5t2\ddot{\mathbf{p}}_{t}= 8.5 - 0.25 t + 2.5 t ^ { 2 }

Question 142

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The result of a quadratic model fit to time-series data was p¨t=8.50.25t+2.5t2\ddot{\mathbf{p}}_{t}= 8.5 - 0.25 t + 2.5 t ^ { 2 } , where t = 1 for 1994. The forecast value for 2001 is 129.25.

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