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Instruction 14-10
the Executive Vice President of a Drug Manufacturing

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Instruction 14-10
The executive vice president of a drug manufacturing firm believes that the demand for the firm's most popular drug has been evidencing an exponential trend since 1995. She uses Microsoft Excel to obtain the partial output below. The dependent variable is the log base 10 of the demand for the drug, while the independent variable is years, where 1995 is coded as 0, 1996 is coded as 1, etc.
 PuMMaression Statistics  MultipleR 0.996 R Square 0.992 Adjusted R Square 0.991 Standard Error 0.02831 Observations 12 Coefin˜ients  Intercept 1.44 Coded Year 0.068\begin{array} { l l } \text { PuMMaression Statistics } & \\\text { MultipleR } & 0.996 \\\text { R Square } & 0.992 \\\text { Adjusted R Square } & 0.991 \\\text { Standard Error } & 0.02831 \\\text { Observations } & 12 \\& \\& \text { Coefiñients } \\\text { Intercept } & 1.44 \\\text { Coded Year } & 0.068\end{array}
-Referring to Instruction 14-10,the fitted trend value for 2000 is _______.


Definitions:

Government Policy

The strategic plans and decisions made by government leaders and agencies that determine the direction of national, state, or local governance.

Currency Valuations

The process of determining the worth of one currency in terms of another currency.

Option

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price within a specific time period.

Forward Exchange Rate

A predetermined rate for exchanging one currency for another at a future date, used primarily to hedge against currency risk.

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