Linear Trend And Forecast of Gasoline

Business & Finance, Economics, Econometrics
Cover of the book Linear Trend And Forecast of Gasoline by Homework Help Classof1, Classof1
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Author: Homework Help Classof1 ISBN: 1230000114267
Publisher: Classof1 Publication: March 11, 2013
Imprint: Language: English
Author: Homework Help Classof1
ISBN: 1230000114267
Publisher: Classof1
Publication: March 11, 2013
Imprint:
Language: English

"a.Estimate the linear trend in the data, and use it to forecast gasoline sales in the United States in each quarter of 1990.
b.Estimate the log-linear trend in the data, and use it to forecast gasoline sales in the United States in each quarter of 1990.
c.Which form of the trend fits the historical data better?  Why would we expect both forecasts to be rather poor?
"

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"a.Estimate the linear trend in the data, and use it to forecast gasoline sales in the United States in each quarter of 1990.
b.Estimate the log-linear trend in the data, and use it to forecast gasoline sales in the United States in each quarter of 1990.
c.Which form of the trend fits the historical data better?  Why would we expect both forecasts to be rather poor?
"

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