Question

Suppose based on a 36-observation time series sample (from January of year 1 to December of...

Suppose based on a 36-observation time series sample (from January of year 1 to December of year 3) , the estimated model is y = 3.5 + 1.2t + 0.5t2, predict the y value for May of year 4.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

time series sample (from January of year 1 to December of year 3)

y = 3.5 + 1.2t + 0.5t2

For May of year 4, we will use t = 36 +5 = 41

y = 3.5 + 1.2t + 0.5t2

y = 3.5 + 1.2*41 + 0.5*412

y = 3.5 + 49.2 + 840.5

y = 893.2

Add a comment
Know the answer?
Add Answer to:
Suppose based on a 36-observation time series sample (from January of year 1 to December of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT