For the fitted time-series trend model y_t = 9.23e^-0.0867^t, it is correct to say that: A)the series is growing by 9.23 percent. B)the series is growing by 8.67 percent. C)the model probably shows a low R². D)the time series would be declining.

Question

Quizplus · Accepted Answer

The model shows a negative coefficient for time (t), -0.0867, indicating the series is declining over time, not growing.

For the Fitted Time-Series Trend Model Yt = 9

For the Fitted Time-Series Trend Model Y_t = 9