A9. The following is a linear trend fitted to a series expressed in thousands of dollars.Tt = 381.99 +0.89t,where t is expressed in years.a. If we assume that the series is a flow variable, what is the value of the trend in July 1976 in thousands of dollars? Roundyour answer to the nearest second decimal.It=2141.08b. Using the above trend equation, what is the trend value for the fourth quarter of 1980 in thousand of dollars? Round youranswer to the nearest second decimal.Tt=BSPc. Using the above trend equation, what is the annual variation of the trend in dollars?Tt ==

Linear Trend equation refers to the equation that shows the relationship between two variables. The…

The following is a linear trend fitted to a series expressed in thousands of dollars. T = 381.99 +0.89t, where t is expressed in years. a. If we assume that the series is a flow variable, what is the value of the trend in July 1976 in thousands of dollars? Round your answer to the nearest second decimal. Tt = 2141.08 b. Using the above trend equation, what is the trend value for the fourth quarter of 1980 in thousand of dollars? Round your answer to the nearest second decimal. Tt = c. Using the above trend equation, what is the annual variation of the trend in dollars? Tt =

The following is a linear trend fitted to a series expressed in thousands of dollars. T = 381.99 +0.89t, where t is expressed in years. a. If we assume that the series is a flow variable, what is the value of the trend in July 1976 in thousands of dollars? Round your answer to the nearest second decimal. Tt = 2141.08 b. Using the above trend equation, what is the trend value for the fourth quarter of 1980 in thousand of dollars? Round your answer to the nearest second decimal. Tt = c. Using the above trend equation, what is the annual variation of the trend in dollars? Tt =

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter5: Business And Economic Forecasting

Section: Chapter Questions

Problem 1.4CE

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