If the past data shows a linear trend, regression analysis is used to fit this trend to the time series. True or False True False

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 23SE: The US. import of wine (in hectoliters) for several years is given in Table 5. Determine whether the...
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If the past data shows a linear trend, regression analysis is used to fit this trend to the time series.
True or False
True
False
Transcribed Image Text:If the past data shows a linear trend, regression analysis is used to fit this trend to the time series. True or False True False
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