Business, 05.05.2020 08:39 Olive9397

Consider the data in the Excel file Consumer Price Index. Use simple linear regression to forecast the data. What would be the forecasts for the next two months? (Your regression equation should be look like CPI = a + b T. The T is year and 1990=1; 1991=2; 1992=3; 1993=4; 1994=5; 1995=6; 1996=7; 1997=8; 1998=9; 1999=10) Year CPI 1990 169.3 1991 170.0 1992 172.4 1993 175.3 1994 177.2 1995 176.8 1996 179.1 1997 180.1 1998 ? 1999 ?

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Consider the data in the Excel file Consumer Price Index. Use simple linear regression to forecast t...