If ₁ 0, then y_tin the linear function of time E(y_t) = ₀ + ₁t displays a(n): A)upward trend. B)downward trend. C) exponential trend. D) quadratic trend.

Question

If ₁ > 0, then y_tin the linear function of time E(y_t) = ₀ + ₁t displays a(n): A)upward trend. B)downward trend. C) exponential trend. D) quadratic trend.

Quizplus · Accepted Answer

The linear function E(y_t) has a positive slope coefficient (11eab06d_255f_a427_beed_7bbbf04747f8_TB2133_11 ₁ > 0), which means that the expected value of y_t will increase as t increases. This indicates an upward trend. If 11eab06d_255f_cb3a_beed_d35099f2d301_TB2133_11 ₁ > 0, then y_t_u200bin the linear function of time E(y_t) = 11eab06d_255f_f24b_beed_39a1b34d196f_TB2133_11 ₀ + 11eab06d_255f_f24c_beed_032acbbfeb79_TB2133_11 ₁t displays anu200b upward trend.u200b

If 1 > 0, Then Yt ​in the Linear

If ₁ > 0, Then Y_tin the Linear