The general fund revenue receipts for the state of Kentucky for 2003 (period 1) to 2017 (period 15) follows. Do not roun
Posted: Wed May 11, 2022 12:09 pm
The general fund revenue receipts for the state of Kentucky for 2003 (period 1) to 2017 (period 15) follows. Do not round intermediate calculations. Budget ($billions) Year Period 2003 1 6.786 2004 2 6.973 2005 3 7.643 2006 4 8.376 2007 5 8,572 200B 6 8.667 2009 7 8.429 2010 В 8.225 2011 9 8.756 2012 10 9.097 2013 9.30 2014 12 9.553 2015 13 9.965 2016 10.334 2017 15 10.477
b. Develop a linear trend equation for this time series. Round your answers to 4 decimals. T = + t c. What is the forecast for period 16? Round your answer to two decimal places. $ billion
b. Develop a linear trend equation for this time series. Round your answers to 4 decimals. T = + t c. What is the forecast for period 16? Round your answer to two decimal places. $ billion