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TABLE 16-13
A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 4-year period from 2005 to 2009. The following is the resulting regression equation:
-Referring to Table 16-13, using the regression equation, what is the forecast for the revenues in the fourth quarter of 2011?
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Loans offered by banks to be repaid within a short timeframe, typically less than a year, to meet immediate financial needs.
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