What coded value do assign for the first year in the series


If you are using the method of least squares for fitting trends in an annual time series containing 25 consecutive yearly values,

(a) what coded value do you assign to X for the first year in the series?
(b) what coded value do you assign to X for the fifth year in the series?
(c) what coded value do you assign to X for the most recent recorded year in the series?
(d) what coded value do you assign to X if you want to project the trend and make a forecast five years beyond the last observed value?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: What coded value do assign for the first year in the series
Reference No:- TGS0110078

Expected delivery within 24 Hours