Multiple Choice
Given the following trend equation based on five years of annual sales (in millions of dollars) , beginning in 2005: Ŷ = 4.53 + 1.54t
The estimated value for 2008 is ______.
A) 9.15
B) 10.69
C) 12.23
D) 6.07
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: One component of a time series is
Q46: For quarterly seasonal indexes,the total of the
Q58: To calculate monthly typical seasonal indexes,the specific
Q93: The _ method is used to determine
Q95: To study the trend and cycle components
Q96: The moving average method smoothes out the
Q98: If the trend equation is Ŷ =
Q99: A resort hotel performed a quarterly time
Q101: A useful method for eliminating fluctuations in
Q102: Product sales since 1999 are: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2537/.jpg"