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Regression Analysis Was Used to Estimate the Following Linear Trend

Question 59

Multiple Choice

Regression analysis was used to estimate the following linear trend equation:
St = 10.5 + 0.25t
The current value of the variable to be forecast is 128. Use the information in the equation to forecast the value of the variable four time periods in the future.


A) 11.5
B) 129.0
C) 139.5
D) None of the above is correct.

Correct Answer:

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