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The Linear Model for Long-Term Trend Is y=β0+β1t+εy = \beta _ { 0 } + \beta _ { 1 } t + \varepsilon

Question 1

Multiple Choice

The linear model for long-term trend is y=β0+β1t+εy = \beta _ { 0 } + \beta _ { 1 } t + \varepsilon , where t is the time period. The trend is indicated by:


A) β0\beta _ { 0 } .
B) β1\beta _ { 1 } .
C) yy .
D) t .

Correct Answer:

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