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Regression Analysis Was Used to Estimate the Following Equation

Question 17

Multiple Choice

Regression analysis was used to estimate the following equation:
St = 10(1.20) t
The current value of the variable to be forecast is 100. Use the information in the equation to calculate the forecast value of the variable in the next time period.


A) 12
B) 112
C) 120
D) None of the above is correct.

Correct Answer:

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