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A CPA Firm Has Been Using the Following Equation to Predict

Question 119

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A CPA firm has been using the following equation to predict annual demand for tax audits: Yt = 55 + 4t Demand for the past few years is shown below.Is the forecast performing as well as it might? Explain.

Correct Answer:

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blured image blured image
MSE = 11/6 and s = blured image = 3.41.Even with ...

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