From an annual time series of a company's employee income, the linear trend model Ft = 165 - 54(t) has been developed. This means that on average income has been increasing by 165 per year.

Name: From an annual time series of a company's employee income, the linear trend model Ft = 165 - 54(t) has been developed. This means that on average income has been increasing by 165 per year.
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Question

Quizplus · Accepted Answer

The coefficient -54(t) indicates that on average, income has been decreasing by 54 per year, not increasing.

From an Annual Time Series of a Company's Employee Income