subject
Mathematics, 12.03.2021 14:50 germaine88

Because of high tuition costs at state and private universities, enrollments at community colleges have increased dramatically in recent years. The data below show the enrollment for a certain community college for the nine most recent years. Year amp; Period (t) amp; Enrollment (1000s)
2001 amp; 1 amp; 6.5
2002 amp; 2 amp; 8.1
2003 amp; 3 amp; 8.4
2004 amp; 4 amp; 10.2
2005 amp; 5 amp; 12.5
2006 amp; 6 amp; 13.3
2007 amp; 7 amp; 13.7
2008 amp; 8 amp; 17.2
2009 amp; 9 amp; 18.1

Required:
a. Use simple linear regression analysis, with Period as the independent variable, to find the parameters for the line that minimizes MSE for this time series. Forecast the enrollment for Period 15.
b. Construct a time series plot. What type of pattern exists in the data?
c. Develop the linear trend equation for this time series.
d. What is the forecast for 2010?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
The line y = x + passes through (−3, 7) and is parallel to y = 4x − 1.
Answers: 1
question
Mathematics, 21.06.2019 16:20
An architect is designing a water fountain for a park she uses the given function to model the water jet flowing from the fountain nozzles where h(x) gives the height of the water jugs in feet x feet from the starting point h(x)=-1/20x+x+15
Answers: 2
question
Mathematics, 21.06.2019 16:30
Why do interests rates on loans to be lower in a weak economy than in a strong one
Answers: 3
question
Mathematics, 21.06.2019 18:00
Polygon hh is a scaled copy of polygon gg using a scale factor of 1/4. polygon h's area is what fraction of polygon g's area?
Answers: 3
You know the right answer?
Because of high tuition costs at state and private universities, enrollments at community colleges h...
Questions
question
Physics, 23.08.2021 17:10
question
Biology, 23.08.2021 17:10
question
Business, 23.08.2021 17:10
question
Health, 23.08.2021 17:10
question
Chemistry, 23.08.2021 17:10