Use this information to answer the following questions.
The following time series,provided by the Federal Loan Home Mortgage Corporation,represents weekly 30-year fixed mortgage rates.
-Refer to the table above.
a.What is the linear trend equation that best fits the data?
b.What is the forecast of the next weekly mortgage rate?
c.What is the MAPE for this method?
Correct Answer:
Verified
a.Linear Trend Equation = 0....
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