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    Statistics
  3. Study Set
    Introduction to Business Statistics
  4. Exam
    Exam 18: Models for Time Series and Forecasting
  5. Question
    Based on Annual Car Rentals Over Years,a Rental Firm Has\(\hat { Y }\)
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Based on Annual Car Rentals Over Years,a Rental Firm Has Y^\hat { Y }Y^

Question 9

Question 9

Short Answer

Based on annual car rentals over years,a rental firm has developed the following quadratic trend equation: Y^\hat { Y }Y^ = 425 + 18x + 6.5x2,with x = 1 for 1998.Forecast y for 2005.

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