Using the GDP data in problem 5-42, develop a trend line for forecasting GDP in the future.
Question:
Using the GDP data in problem 5-42, develop a trend line for forecasting GDP in the future. Use this to forecast GDP for 2004.
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If this is trend analysis then simply enter the past demands in the demand column If this is ca...View the full answer
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Related Book For 
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna
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