What is the interpretation of the coefficient on trend
Problem
Housing starts is regressed on a constant, trend and seasonal dummies. The results are attached in Table. What is the interpretation of the coefficient on trend?
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Housing starts is regressed on a constant, trend and seasonal dummies. The result are attached in Table. What is the interpretation of the coefficient on trend?
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To use the replacement chain approach to compare these two projects, how many times would you have to assume each type of tile would be replaced?
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