The linear trend was estimated using a time series with 20 time periods. The forecasted value for time period 21 is a. 162 b. 16

Question

3 years ago

11

0 c. 122 d. 120

1 answer:

harina [27] · Answer 1 · 2022-05-23T14:38:11+03:00

Answer:

Thus the answer is : B (122)

Step-by-step explanation:

The time series was estimated using a time series with 20 time periods.

And the forecasted value for time period t after 20 time periods is 120 + 2t

For time period 21, the value of t is 1.

Hence, the forecasted value for time period 21 is 120 + 2*1 = 122

Thus the answer is : B (122)