The amount of French Fries used monthly by a certain restaurant forms a linear trend time...
- The amount of French Fries used monthly by a certain restaurant
forms a linear trend time series. The regression equation obtained
is Yt = 10607.47 + 688.56*Month. By how much do you expect French
fries usage will change in six months?
- 6*688.56
- 6(10607)
- 6(10607+688.56)
- (10607.47+688.56)/6
- 10607.47+6*688.56
Homework Answers
The regression equation obtained is
Yt = 10607.47 + 688.56*Month.
Now ,if have to expect french fries usage in six months , then put the value of month in above equation as 6, we get
Yt = 10607.47 + 688.56*6
Yt = 14738.83
So ( E) Part is a correct answer
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