The company X has achieved following CR (current ratio) in 12 months period of time.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2AGP
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Task 2.
The company X has achieved following CR (current ratio) in 12 months period of time.
CR
2,01
2
2,00
3
2,02
4
1,97
1,90
1,89
7
1,91
1,87
1,80
10
1,79
11
1,72
12
1,67
Please determine and interpret time trend model (y- a+ bt) and calculate R2
determination coefficient and s- model standard error.
Moreover, please perform point and interval forecast for the next three months and calculate
ex ante forecast errors.
56
Transcribed Image Text:Task 2. The company X has achieved following CR (current ratio) in 12 months period of time. CR 2,01 2 2,00 3 2,02 4 1,97 1,90 1,89 7 1,91 1,87 1,80 10 1,79 11 1,72 12 1,67 Please determine and interpret time trend model (y- a+ bt) and calculate R2 determination coefficient and s- model standard error. Moreover, please perform point and interval forecast for the next three months and calculate ex ante forecast errors. 56
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