You are given the following linear trend model: Ft = 345.60 - 200.5(t). This model implies that in year 1, the dependent variable had a value of 145.1.

Question

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The model implies that in year 1 (t=1), the dependent variable would be Ft = 345.60 - 200.5(1) = 145.1, which is correct. However, the statement is false because it incorrectly suggests that the model implies this value without calculation.

You Are Given the Following Linear Trend Model: Ft =