QUESTION 9
Q9. For a time series with 17 time periods, the following linear trend expression was y't = 130.4 + 4.2t estimated: The forecast for time period 18 is _____________________
a. |
197.6 |
|
b. |
68.4 |
|
c. |
206.0 |
|
d. |
167.7 |
|
e. |
None of the above |
QUESTION 10
Q10: Which of the following inferences can be drawn
from the scatter chart of residuals given below?
a. |
The residuals have a varying variance. |
|
b. |
The model captures the relationship between the variables accurately. |
|
c. |
The regression model follows the F probability distribution. |
|
d. |
The residual distribution is consistently scattered about zero. |
|
e. |
None of the above |
QUESTION 9 Q9. For a time series with 17 time periods, the following linear trend expression...
17) The following linear trend expression was estimated using a time series with 17 time periods (that is, the values of tare 1, 2, V,= 129.23.8t Calculate a 95% prediction interval for the value of Y at time period t 18 (i.e, h 1 period ahead). Use the fact that the average of the time values is 9, the standard deviation of the time values is s 5.05, and the regression standard error se 0.841. Take all calculations and the...