For the Fitted Time-Series Trend Model Y_t = 9

question 14

Multiple Choice

For the fitted time-series trend model y_t = 9.23e^-0.0867t, it is correct to say that:

• A)the series is growing by 9.23 percent.
• B)the series is growing by 8.67 percent.
• C)the model probably shows a low R².
• D)the time series would be declining.

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