The Following Linear Trend Expression Was Estimated Using a Time

question 66

Multiple Choice

The following linear trend expression was estimated using a time series with 17 time periods. T_t = 129.2 + 3.8t
The trend projection for time period 18 is

• A)68.4
• B)193.8
• C)197.6
• D)6.84

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Definitions:

Prima Facie

A Latin term meaning "on its face" or "at first glance"; it refers to evidence that, unless rebutted, would be sufficient to prove a particular proposition or fact.

Duress

A situation where an individual is forced or pressured into making a decision against their will or judgement through threats or coercion.

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Unilateral Contract

A promise exchanged for an act.