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The Linear Regression Trend Model Was Applied to a Time

question 152

Essay

The linear regression trend model was applied to a time series sales data based on the last 24 months' sales.The following partial computer output was obtained.  Variable  Estimate T Prob.  Intercept 198.0314.84.0001 Time 8.078.65.0001\begin{array} { l l l l } \text { Variable } & \text { Estimate } & \mathrm { T } & \text { Prob. } \\\text { Intercept } & 198.03 & 14.84 & .0001 \\\text { Time } & 8.07 & 8.65 & .0001\end{array}
-Write the prediction equation.


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