SCENARIO 16-9 Given Below Are EXCEL Outputs for Various Estimated Autoregressive Models

question 45

Multiple Choice

SCENARIO 16-9
Given below are EXCEL outputs for various estimated autoregressive models for a company's real operating revenues (in billions of dollars) from 1989 to 2012.From the data,you also know that the real operating revenues for 2010,2011,and 2012 are 11.7909,11.7757 and 11.5537,respectively.
First-Order Autoregressive Model:
Second-Order Autoregressive Model:

-Referring to Scenario 16-9,if one decides to use the Third-Order Autoregressive model ,what will the predicted real operating revenue for the company be in 2015?

• A)$11.59 billion
• B)$11.68 billion
• C)$11.84 billion
• D)$12.47 billion

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Definitions:

Auxin

A class of plant hormones that play a crucial role in coordinating various growth and behavioral processes in the plant's life cycle.

Asexual Propagation

A method of reproducing new plants from the existing plant's parts rather than from seeds, involving processes such as cutting, grafting, or layering.

α-Amylase

An enzyme that breaks down starches into sugars and is found in saliva and pancreatic fluid, aiding in the digestive process.

Gibberellin

A plant hormone that promotes growth and influences various developmental processes, including stem elongation, germination, and flowering.