Question

Consider the following estimated trend models. Use them to make a forecast for t = 19....

Consider the following estimated trend models. Use them to make a forecast for t = 19.

a. Linear Trend: yˆ = 14.19 + 1.09t (Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)

y^= ______________



b. Quadratic Trend: y^ = 18.65 + 0.91t − 0.04t2(Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)

y^: ____________



c. Exponential Trend:  ln(y)^ = 2.1 + 0.08t; se = 0.01 (Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)

y^: ___________

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