Determine the least squares trend line

Assignment Help Econometrics

Reference no: EM13185802

Use the sales data given below to determine

a. the least squares trend line?

b. the predicted value for 2002 sales?

c. the MAD?

d. the unadjusted forecasting MSE?

Year / Sales

1995 / 130

1996 / 140

1997 / 152

1998 / 160

1999 / 169

2000 / 182

2001 / 194

2002 / _?__

Reference no: EM13185802

Questions Cloud

How much work is required to pump : A circular swimming pool has a diameter of 20 m, the sides are 3 m high, and the depth of the water is 2.5 m. How much work (in Joules) is required to pump all of the water over the side? (The acceleration due to gravity is 9.8 m/s^2 and the densi..

State concentration of an organic pollutant in a lake water : The concentration of an organic pollutant in a lake water sample was found to be 32 ppb. Based on this information, 600.00 kg of the lake

Explain why you believe it is a function or not : In Calculus: Explain the difference between a function and a relation in your own words. Consider the equation x2 + y2 = 5 and explain why you believe it's a function or not? Give at least two reasons to support your answer.

State the eu standards added to the groundwater : The Eu(III) standards added to the groundwater sample contained 0.181 ng/mL (ppb) of Eu(III). Calculate the concentration of Eu(III) in the groundwater sample.

Determine the least squares trend line : Use the sales data given below to determine a. the least squares trend line b. the predicted value for 2002 sales c. the MAD d. the unadjusted forecasting MSE Year / Sales 1995 / 130 1996 / 140 1997 / 152 1998 / 160 1999 / 169 2000 ..

Development of an effective entity relationship model : Determine the steps in the development of an effective Entity Relationship Model (ERM) Diagram and determine the possible iterative steps

Ethical principles are never right : Ethical principles are never right or absolute because there are exceptions to every rule, such as the rule not to kill -- because killing in self-defense is justified -- or the rule not to steal -- because it is okay to take food from a closed and a..

How long is each side of the lot : A city lot has the shape of a right triangle whose hypotenuse is 4 ft longer than one of the other sides. The perimeter of the lot is 360 ft. How long is each side of the lot?

Find the midpoint of the midsegment of the trapezoid : the vertices of the trapezoid ar ethe origin along with A (4m, 4n), B (4q, 4n), and C (4p, 0). Find the midpoint of the midsegment of the trapezoid.

User Account

All Pages