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Scilla [17]
3 years ago
11

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

0 c. 122 d. 120
Mathematics
1 answer:
harina [27]3 years ago
4 0

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)

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