User Account

All Pages

Linear and exponential trend models

Assignment Help Basic Statistics
Reference no: EM132849023

JetBlue Airlines Revenue, 2008-2015 (millions)

Year Revenue  Year Revenue

2008 3,388  2012 4,982

2009 3,286  2013 5,441

2010 3,779  2014 5,817

2011 4,504  2015 6,416

(a) Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your answers to 2 decimal places.)

 Linear yt =  ______ t + ________

Exponential yt = ______  e  __________ t

(b) Make annual forecasts for 2016-2018, using the linear and exponential trend models. (Do not round the intermediate calculations. Round your final answers to 2 decimal places.)

 t Linear Exponential

9 ______ __________

10 ______ __________

11 ______ __________

Reference no: EM132849023

Questions Cloud

Why was johnson acquitted : Why was Johnson acquitted? What message was sent by this action? Do you see the senators as so strictly divided along partisan lines in the Johnson trial.
What were the charges against president johnson : What were the charges against President Johnson? What was their constitutional basis? Was the impeachment of Johnson justified under the law?
What liability balance does the company report at the end : If the straight-line method is used, what liability balance does the company report at the end of Year Two (rounded)? Be sure to show your work
Determine the coefficients required for the weibull : Using Matlab determine the coefficients required for the Weibull distribution, such that this would become the Exponential distribution.
Linear and exponential trend models : Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your answers to 2 decimal places.)
How was the trial rigged against celia : How did the national tensions over the events of the 1850s, especially the Kansas Nebraska Act and 'Bleeding Kansas' affect Celia's trial and its outcome?'
What is the profit under variable costing : The variable manufacturing cost was $2 per unit and the selling price was $8 per unit. What is the profit under variable costing
What were the compromises over slaves and slavery : What were the compromises over slaves and slavery? Why were they made? Could slavery realistically have been handled differently at that time? How?
Determine the unit product cost that would appear on the job : Job #461 contained 100 units. Determine the unit product cost that would appear on the job cost sheet

Reviews

Write a Review

Basic Statistics Questions & Answers

  What is the probability that x is less than 32 minutes

The random variable X is exponentially distributed, where X represents the time it takes for a person to choose a birthday gift. If X has an average value of 27

  How much does the salad cost the student

A school cafeteria has a salad bar that is priced based on weight, with salads costing 30 cents an ounce. Students fill a container that weighs 8 ounces.

  Distinctions between programme and portfolio management

1. Critically comment on the distinctions between Programme and Portfolio management.

  How you would simulate the number of pictures of tiger

Describe how you would simulate the number of pictures of Tiger you might find in five boxes of cereal.

  Experiment designed to measure the relationship

The administration of Midwest State University wants to know if arrangement of chairs affects student participation in classrooms. What would be a good operational definition of the dependent variable in an experiment designed to measure this rela..

  Review problem on the car rental

Car rental Thrift rents a compact car for $33 per day, and General rents a similar car for $20 per day plus an initial fee of $78.

  Should the manufacturer pay for an opinion

Calculate the breakeven point in sales dollars using the contribution margin ratio approach. How many pizzas must be sold to earn $60,000 profit per annum before tax?

  Determine whether mean annual return for mid-cap growth

Conduct a hypothesis test to see whether the returns for mid-cap growth funds over the same period are significantly different from the average for U.S. Diversified Equity funds.

  What is the probability that a child is hyperlipid

What is the probability that a child and both parents are hyperlipidemic? What is the probability that a child is hyperlipid? What is the probability that a child is hyperlipidemic if both parents are hyperlipidemic?

  Test whether the mean weight is less

Compute the value of t. What is your decision regarding the null hypothesis?

  Find the entropy change that occurs

1. Find the entropy change that occurs when 2.0 kg of water at 90 °C is mixed with 3.0 kg of water at 20 °C.

  Analyze a sloping ridge system

Suppose a second-order model in three factors had been fitted. Using canonical ·analysis, how could you detect and analyze a sloping ridge system?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd