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    Statistical Techniques Study Set 1
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    Exam 18: Time Series and Forecasting
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    If the Past Data Approximates a Straight Line, the Equation
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If the Past Data Approximates a Straight Line, the Equation

Question 117

Question 117

True/False

If the past data approximates a straight line, the equation used is Ŷ = a + bt, where a is the Y-intercept and b is the slope of the line.

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