Homework SourseThe following linear trend expression was estimated using a
The following linear trend expression was estimated using a time series with 17 time periods.
Tt= 129.2 + 3.8t
The trend projection for time period 18 is?
The following linear trend expression was estimated using a time series with 17 time periods.
Tt= 129.2 + 3.8t
The trend projection for time period 18 is?
Tt= 129.2 + 3.8t
The trend projection for time period 18 is?
Solution
Tt=129.0+3.8(18) = 197.6
