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The Trend Line Y^=0.65+0.005t\hat { Y } = 0.65 + 0.005 t

Question 48

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The trend line Y^=0.65+0.005t\hat { Y } = 0.65 + 0.005 t
was calculated from quarterly data for 2000 - 2004,where t = 1 for the first quarter of 2000.The trend value for the second quarter of the year 2005 is 0.75.

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