Below You Are Given Some Values of a Time Series

question 68

Multiple Choice

Below you are given some values of a time series consisting of 26 time periods. The estimated regression equation for these data is
Y_t = 16.23 + .52Y_t-1 + .37Y_t-2
The forecasted value for time period 27 is

• A)53.23
• B)109.5
• C)116.65
• D)116.95

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