Solution: The linear trend forecasting equation for an annual time series containing 40 observations (from 1963 to 2002) on real net sales (in billions
Question: The linear trend forecasting equation for an annual time series containing 40 observations (from 1963 to 2002) on real net sales (in billions of constant 1995 dollars) is
Ŷ i = 1.2 + 0.5X i
What is the fitted trend value for this time series on real net sales for the tenth year?
Deliverable: Word Document 