B. use simple linear regression analysis to find the parameters for the line that minimizes mse for this time series. do not round your interim computations and round your final answers to three decimal places. for subtractive or negative numbers use a minus sign. (example: -300)

y-intercept, b0 =

slope, b1 =

mse =
c. what is the forecast for t = 8? if required, round your answer to three decimal places.

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false