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The linear trend, = 660 + 2t,for seasonally adjusted monthly sales was estimated using a time series with monthly data from the last five years.Furthermore,the seasonal index for October was found to be 0.92.Which of the following is the forecast for the month of October of this year?
Efficient
Being effective without wasting time, effort, or resources; achieving maximum productivity with minimum wasted effort or expense.
Voltage Drop
Decrease in voltage measured after current passes through a resistance. Also known as voltage loss. See definition for the second of Kirchhoff’s Laws.
Ohmmeter
A device used to measure electrical resistance in units called Ohms.
Resistance
In electricity, opposition to current flow measured in ohms.
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