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Regression Analysis Was Used to Estimate the Following Linear Trend

Question 16

Multiple Choice

Regression analysis was used to estimate the following linear trend equation:
St = 10.5 + 0.25t
Use this equation to forecast the value of the dependent variable in time period 2.


A) 10.50
B) 11.00
C) 11.25
D) 22.00

Correct Answer:

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