Author Question: In developing a simple linear regression model it is assumed that the distribution of error terms ... (Read 117 times)

cdr_15 · **on:** Jun 24, 2018

In developing a simple linear regression model it is assumed that the distribution of error terms will be normally distributed for all levels of x.

Indicate whether the statement is true or false

Question 2

You are given the following linear trend model: Ft = 345.60 - 200.5(t). The forecast for period 15 is approximately -2,662.

Indicate whether the statement is true or false