Question

1. Consider the following time series data. t 1 2 3 4 5 Yt 6 11...

1. Consider the following time series data.

t 1 2 3 4 5
Yt 6 11 9 14 15

a. Develop the linear trend equation for this time series (to 1 decimal).

Tt = (___) + (___) t

b. What is the forecast for t=6 (to 1 decimal)?

(___)

2. Consider the following time series data.

t 1 2 3 4 5
Yt 7 11 9 14 16

a. Develop the linear trend equation for this time series (to 1 decimal).

Tt = (___) + (___) t

b. What is the forecast for t=6 (to 1 decimal)?

(___)

Math   Statistics-And-Probability   
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