The Trend Line $\tilde { y } _ { t }$

question 16

True/False

The trend line $\tilde { y } _ { t }$ = 0.75 + 0.005t was calculated from quarterly data for 2000-2004,where t = 1 for the first quarter of 2000.The trend value for the second quarter of the year 2005 is 0.86.

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