The data in Fed Receipt represent federal receipts from 1978 through 2011, in billions of current dollars,
Question:
a. Plot the series of data.
b. Compute a linear trend forecasting equation and plot the trend line.
c. What are your forecasts of the federal receipts for 2012 and 2013?
d. What conclusions can you reach concerning the trend in federal receipts?
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a b where X years relative to 1978 c X 2012 1978 34 25433631 b...View the full answer
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Related Book For 
Statistics For Managers Using Microsoft Excel
ISBN: 9780133130805
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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