Examlex

Solved

The Regression Trend Line for Annual Energy Consumption for 1985-2005

question 137

Multiple Choice

The regression trend line for annual energy consumption for 1985-2005 is given by ŷt = 70 + 0.53t, where t = 1 for 1985. If the annual energy consumption for 2000 was 82.5, then the percentage of trend for 2000 was:


Definitions:

Retirement Benefits

Financial support or services provided to employees after they exit the workforce, including pensions, health insurance, and other perks.

Independent Contractors

Individuals or entities contracted to perform work for another entity as non-employees, responsible for their own taxes and benefits.

Health Insurance Plans

These are contracts between individuals or their employers and health insurers to provide medical care and services to the insured, often in exchange for regular premiums.

Traditional Health Insurance

Health care coverage that typically requires the insured to pay premiums, deductibles, and copayments, and in return provides benefits for a wide range of medical services.

Related Questions