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The accompanying data represent the yearly amount of solar power installed (in megawatts) in a particular area from 2000 through 2008. The trend forecasting equations below were found, where X is the number of years after 2000. Complete parts (a) through (d) be Y = - 8.556 + 28.0833X Y. = 23.82 + 0.334X; + 3.4686X Click the icon to view the data table X Yearly Amount of Solar Power Installed Year Amount a. Compute the standard error of the estimate (Syx ) for each model. (megawatts) 2000 20 2001 24 Linear Quadratic 2002 48 SYx 25. 16 9.93 2003 64 (Round to three decimal pie Screated 2004 82 2005 101 b. Compute the MAD for each model. 2006 135 2007 214 Linear Quadratic 2008 246 MAD 19.83 7 83 (Round to three decimal places as needed ) c. On the basis of (a) and (b) and the principle of parsimony, which forecasting model would you select? Print Done The model with the smallest values of Syx and MAD should be used, which is the quadratic model