![Section C: Long Questions (20 Marks) C1: Consider the following time series. [SK3: 5 marks] Time Yt 1 108 2 120 3 132 144 156](http://img.homeworklib.com/questions/e18abeb0-18c0-11ec-9311-3b8fdeb57c61.png?x-oss-process=image/resize,w_560)
Homework Answers
For the given table,following is the curve representation:
a)Slope:m=change in y/change in x=(120-108)/(2-1)=12
b)m=12=(y2-y1)/(x2-x1)=(108-y1)/(1-0)
y1=b=96
c)Equation:y=mx+b
y=12x+96
d)Taking y=0,0=12x+96
x=-96/12
x=-8
e)Considering x=16
y=12*16+96
y=288
y = 12x + 96 5 6 7
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equations. I have the answers already and am just working to see
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