Given a linear time series trend, Y' = 5.2 + 3.1t, what is the forecast for 2002 if the time series started in 1995?
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Answer:
Step-by-step explanation:
Slope Formula:
Step 1: Find 2 points
(0, 2) y-int
(-4, 0) x-int
Step 2: Plug into slope formula to find slope <em>m</em>
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