The general fund revenue receipts for the state of Kentucky for 2003 (period 1) to 2017 (period

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The general fund revenue receipts for the state of Kentucky for 2003 (period 1) to 2017 (period 15) are in the file KYRevenue (ky.gov website).

a. Construct a time-series plot. What type of pattern exists in the data?

b. Develop a linear trend equation for this time series.

c. What is the forecast for period 16?

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Related Book For answer-question

Statistics For Business & Economics

ISBN: 9781337901062

14th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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Question Posted: Sep 18, 2019 12:48 PM

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The general fund revenue receipts for the state of Kentucky for 2003 (period 1) to 2017 (period

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a There appears to be an increas...View the full answer

Statistics For Business & Economics

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