Suppose we have run a regression on 48 months of data and, Ask an Expert

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Suppose we have run a regression on 48 months of data and the regression equation is Y = 50000 + 1000*x (where x is the month number).

What is the annual trend? Play with some numbers to convince yourself of your answer.

Would this be 12000, why or why not? Please help!

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Statistics and Probability, Statistics

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