The Linear Model for Long-Term Trend Is: Y = $\beta$ ₀

question 202

Multiple Choice

The linear model for long-term trend is: y = $\beta$ ₀ + $\beta$ ₁t + $\varepsilon$ ,where t is the time period.The trend is indicated by:

• A)\(\beta\)₀
• B) \(\beta\)₁
• C) y
• D) t

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