The general fund budget for the state of Kentucky for 1988 (Period 1) to 2011 (Period 24)

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The general fund budget for the state of Kentucky for 1988 (Period 1) to 2011 (Period 24) follows (Northern Kentucky Enquirer, January 18, 2012).

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 2012?

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Statistics For Business & Economics

ISBN: 9781285846323

12th Edition

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Camm, James Cochran

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Question Posted: Aug 02, 2016 09:58 AM

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The general fund budget for the state of Kentucky for 1988 (Period 1) to 2011 (Period 24)

Question:

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a b t Yi 29086 t 2 1150 b 0 b 1 6175 25292...View the full answer

Statistics For Business & Economics

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