Question: Below is the regression output from an autoregression with a variable included for Time. The coefficient lagged value is the coefficient on the 1-period, lagged

Below is the regression output from an autoregression with a variable included for Time. The coefficient "lagged value" is the coefficient on the 1-period, lagged value of the series

Coefficients

Intercept

7.7

Time

0.09

Lagged Value

0.53

What is the forecast for period 51 if the value of the series in the previous period was 1,426?(please round your answer to 1 decimal place)

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