Given the Trend Equation ŷ = 25 + 0

question 47

Multiple Choice

Given the trend equation ŷ = 25 + 0.6t (t = 0 in 2010) , what would be the forecast value for 2014?

• A) 2.4
• B) 28.0
• C) 3.0
• D) 32.0
• E) 27.4

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The percentage charged on the total amount borrowed or earned on investments, representing the cost of borrowing or the gain on saved or invested money.

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