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The Following Trend Line Was Calculated from Quarterly Data for 1995

Question 41

Short Answer

The following trend line was calculated from quarterly data for 1995 - 1999: y^=0.70+0.005t\hat { y } = 0.70 + 0.005 t where t is 1 for the first quarter of 1995.Calculate the trend value for the second quarter of the year 2000.

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