Below you are given some values of a time series consisting of 26 time periods.
The estimated regression equation for these data is
Yt = 16.23 + .52Yt-1 + .37Yt-2
The forecasted value for time period 27 is
A) 53.23
B) 109.5
C) 116.65
D) 116.95
Correct Answer:
Verified
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