Consider Table 16.13. Verify (calculate) that S 3 , an estimate made in period 3 of

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Consider Table 16.13. Verify (calculate) that S3, an estimate made in period 3 of β0, is 359.276. Also verify (calculate) that the one-period-ahead forecast error for period 4 is -62.276, as shown in Table 16.13.

Data from Table 16.13

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Business Statistics In Practice

ISBN: 9780077534844

7th Edition

Authors: Bruce Bowerman, Richard OConnell, Emilly Murphree

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