The Linear Model for Long-Term Trend Is $y = \beta _ { 0 } + \beta _ { 1 } t + \varepsilon$

question 92

Multiple Choice

The linear model for long-term trend is $y = \beta _ { 0 } + \beta _ { 1 } t + \varepsilon$ , where t is the time period. The trend is indicated by:

• A)\[\beta _ { 0 }\] .
• B) \[\beta _ { 1 }\] .
• C) \[y\] .
• D) \[t\] .