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Time Series Analysis

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 Y = 1.2 + 0.5X

What is the fitted trend value for this time series on real net sales for the tenth year?

Solution Preview

The linear trendline equation is given as follows:

Y= 1.2 + 0.5 * X

where X represents the year ...

Solution Summary

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