Linear trend is calculated as T_t = 28.5 + .75t. The trend projection for period 15 is A)11.25 B)28.50 C)39.75 D)44.25

Name: Linear trend is calculated as T t = 28.5 + .75t. The trend projection for period 15 is A)11.25 B)28.50 C)39.75 D)44.25
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Question

Quizplus · Accepted Answer

To find the trend projection for period 15, we need to substitute t = 15 in the given equation: T_t = 28.5 + .75t = 28.5 + 0.75(15) = 28.5 + 11.25 = 39.75 Therefore, the trend projection for period 15 is 39.75.

Linear Trend Is Calculated as Tt = 28

Linear Trend Is Calculated as T_t = 28