Listed below in order by row are the annual high values of the Dow Jones Industrial Average

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Listed below in order by row are the annual high values of the Dow Jones Industrial Average for each year beginning with 1990. Use only the first 10 values (for 1990€” 1999) to find the best model and then predict the value for the year 2010. Is the predicted value close to the actual value of 11,655?

Listed below in order by row are the annual high

Construct a scatterplot and identify the mathematical model that best fits the given data. Assume that the model is to be used only for the scope of the given data, and consider only linear, quadratic, logarithmic, exponential, and power models.

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Elementary Statistics

ISBN: 9780321836960

12th Edition

Authors: Mario F. Triola

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