Extrapolate the time series in Table 9.8 three time periods in the future. Use the TREND function.

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Extrapolate the time series in Table 9.8 three time periods in the future. Use the TREND function. Why do you think it would not make sense to extrapolate this time series 10 time periods in the future?

X Y Table 9.8 1 230 2 300 3 290 4 320 5 350 6 400 7 8 350 400 9 420 10 11 12

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Business Statistics Using Excel

ISBN: 9780199659517

2nd Edition

Authors: Glyn Davis, Branko Pecar

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Question Posted: Nov 28, 2023 02:40 AM

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Extrapolate the time series in Table 9.8 three time periods in the future. Use the TREND function.

Question:

X Y Table 9.8 1 230 2 300 3 290 4 320 5 350 6 400 7 8 350 400 9 420 10 11 12

Step by Step Answer:

To extrapolate the time series in Table 98 three time periods into the future using the TREND function we need to use a tool like Microsoft Excel or G...View the full answer

Business Statistics Using Excel

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