USA: +1 (725) 712-1730 
Sign in
Find the 10th period forecast for slope = .5 and intercept = 8 not enough information given to calculate answer y = 13 y = 80.5 y = 14
Expert Answer
Answer
The trend-projection forecasting method or linear regression method determines the value of dependent variables as follows:
y = x-axis intercept + (Slope)(period number)
For the given problem. Intercept = 8, slope = 0.5 and period number = 10th period
The regression line for given problem is given as follows:
y = (8) + (0.5)(10)
y = 13
ANS: y = 13
