Solved

The Linear Trend Equation for the Following Data Is y^=1.4286+2.5(t)\hat { y } = 1.4286 + 2.5 ( t )

Question 57

Essay

The linear trend equation for the following data is y^=1.4286+2.5(t)\hat { y } = 1.4286 + 2.5 ( t )  Month  Value of Fund 142639412514616719\begin{array} { c c } \text { Month } & \text { Value of Fund } \\1 & 4 \\2 & 6 \\3 & 9 \\4 & 12 \\5 & 14 \\6 & 16 \\7 & 19\end{array}
-Find the forecast errors for period 3,and period 7.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions