Illustration 23. State by using the method of First Differences if the straight line model is suitable to find the trend values for the following time series : 1998 170 1997 Year : Sales : 1995 107 1996 129 1991 1992 1993 1994 30 50 72 90 147

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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| Illustration 23.
State by using the method of First Differences if the straight line model is
suitable to find the trend values for the following time series :
Year :
1994
1995
1996
1997
1998
1991
1992
1993
Sales :
30
50
72
90
107
129
147
170
Transcribed Image Text:| Illustration 23. State by using the method of First Differences if the straight line model is suitable to find the trend values for the following time series : Year : 1994 1995 1996 1997 1998 1991 1992 1993 Sales : 30 50 72 90 107 129 147 170
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