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
3.8
Time
0.09
Lagged Value
0.53
What is the forecast for the 43 period if the value of the series in the previous period was 1,574?(please round your answer to 1 decimal place)
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