A first-order autoregressive model for stock sales is:
Sales_i = 800 + 1.2(Sales)_i_-1
If sales in 2008 is 6000,the forecast of sales for 2009 is ________.

Name: A first-order autoregressive model for stock sales is: Sales i = 800 + 1.2(Sales) i -1 If sales in 2008 is 6000,the forecast of sales for 2009 is ________.
Brand: Quizplus
Rating: 5.0 (30 reviews)

Question

A first-order autoregressive model for stock sales is: Sales_i = 800 + 1.2(Sales)_i_-1 If sales in 2008 is 6000,the forecast of sales for 2009 is ________.

Quizplus · Accepted Answer

The Answer of A first-order autoregressive model for stock sales is: Sales_i = 800 + 1.2(Sales)_i_-1 If sales in 2008 is 6000,the forecast of sales for 2009 is ________.

A First-Order Autoregressive Model for Stock Sales Is