The data in Fed Receipt represent federal receipts from 1978 through 2011, in billions of current dollars,
Question:
a. Plot the series of data.
b. Compute a linear trend forecasting equation and plot the trend line.
c. What are your forecasts of the federal receipts for 2012 and 2013?
d. What conclusions can you reach concerning the trend in federal receipts?
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a b where X yearsrelative to 1978 c X 2012 ...View the full answer
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Related Book For 
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ISBN: 772
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Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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