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Microsoft Excel Was Used to Obtain the Following Quadratic Trend

question 23

Short Answer

Microsoft Excel was used to obtain the following quadratic trend equation:
Sales = 100 - 10X + 15X².
The data used was from 2001 through 2010 coded 0 to 9. The forecast for 2011 is ________.


Definitions:

Objective Tests

Standardized tests designed to measure an individual's performance in a specific area, such as intelligence or personality, in a way that is not subject to examiner bias.

Unconscious Determinants

Psychological factors that influence behaviors, feelings, and judgments without an individual's conscious awareness.

Foot-In-The-Door

A compliance tactic that involves getting a person to agree to a large request by first setting them up by agreeing to a modest request.

Indebtedness

The state of owing money or being under a moral obligation to repay a benefit or service received.

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