Exhibit 18

question 103

Short Answer

Exhibit 18.7.The following table shows the annual revenues (in millions of dollars)of a pharmaceutical company over the period 1990-2011. The autoregressive models of order 1 and 2, and ,were applied on the time series to make revenue forecasts.The relevant parts of Excel regression outputs are given below.
Model AR(1): Model AR(2): Refer to Exhibit 18.7.Using the AR(1)model,find the company revenue forecast for 2012.

---

Definitions:

Member Operator

This usually refers to operators that access elements or functions within structured data types, like the dot (.) operator in C++ used for object members.

Structure Pointer Operator

An operator used in programming languages like C to access members of a structure through a pointer.

Linked List of Structures

A linked list of structures is a data structure where each element is a structure and elements are connected using pointers, allowing dynamic memory management.

Addresses

Refers to specific locations in computer memory, each uniquely identifying a byte, that data and instructions reside in.