The Following Linear Trend Was Estimated Using a Time Series

question 21

Multiple Choice

The following linear trend was estimated using a time series regression with the origin in the year 2000. ŷ = 76.80 + 3.14t.
Which of the following is the forecast for the year 2013?

• A)114.48
• B)120.76
• C)79.94
• D)117.62

---

Definitions:

Medical Supplies

Items used in health care services, including consumables and durable medical equipment.

Journal Entry

A record in accounting that notes every financial transaction of a company, indicating debits and credits to different accounts.

Revokes

The act of cancelling or withdrawing something, such as a law, right, or agreement.

Journal Entries

The record of all financial transactions a business makes, recorded in chronological order in the general ledger.