[Step-by-Step] Regression analysis was used to estimate the following linear trend equation: S t = 10.5 + 0.25 t The current value of the variable to be forecast


Question: Regression analysis was used to estimate the following linear trend equation:

S t = 10.5 + 0.25 t

The current value of the variable to be forecast is 128. Use the information in the equation to forecast the value of the variable four time periods in the future.

  1. 11.5
  2. 129.0
  3. 139.5
  4. None of the above is correct.

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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