(b) Use each of the three fitted trend equations to make numerical forecasts for the next...
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(b) Use each of the three fitted trend equations to make numerical forecasts for the next three years. (Round the intermediate calculations to 2 decimal places and round your final answers to 1 decimal place.) t Linear Exponential Quadratic 11913.4 10 12619.74 11 13326.15 II Number of Certified Organic Farms in the United States, 2001-2008 Year Farms 6,775 7,163 7,848 7,819 8, 290 9,205 10,711 12,068 2001 2002 2003 2004 2005 2006 2007 2008 (b) Use each of the three fitted trend equations to make numerical forecasts for the next three years. (Round the intermediate calculations to 2 decimal places and round your final answers to 1 decimal place.) t Linear Exponential Quadratic 11913.4 10 12619.74 11 13326.15 II Number of Certified Organic Farms in the United States, 2001-2008 Year Farms 6,775 7,163 7,848 7,819 8, 290 9,205 10,711 12,068 2001 2002 2003 2004 2005 2006 2007 2008
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Managerial Economics and Strategy
ISBN: 978-0321566447
1st edition
Authors: Jeffrey M. Perloff, James A. Brander
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