The regression trend line for annual energy consumption for 2000-2020 is given by = 70 + 0.50t,where t = 1 for 2000.If the annual energy consumption for 2015 was 72.5,then the percentage of trend for 2015 was:
A) 93.548
B) 106.897
C) 92.949
D) 107.586
Correct Answer:
Verified
Q6: A least squares linear trend line is
Q138: The trend line Q139: Forecasts based on trend and seasonality are Q140: Which of the following will be reflected Q141: In determining weekly seasonal indexes for gas Q143: To create a seasonally adjusted time series,divide Q144: Holiday Hours Q145: The easiest way of measuring the long-term Q146: A model that can be used to Q147: The trend line and seasonal indexes shown
The total holiday hours (in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents