The model yt = 10 + 4.5xt + 0.20yt-1 is estimated using regression analysis applied to time-series data. What is the total expected increase over all current and future time periods?

What will be an ideal response?

Total expected increase over all current and future time periods = 4.5 / (1- 0.20 ) = 5.625.

Business

You might also like to view...

________: intangible activities

Fill in the blank(s) with the appropriate word(s).

View
Business

C.&F. is a pricing term that means that the price includes the cost of the goods and the costs of insurance and freight

Indicate whether the statement is true or false

View
Business