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B1. Construct a Scatter Plot Do you observe a trend? If so, what type of trend do you see? B2. Fit Trend Lines Which model
B1. Construct a Scatter Plot
Do you observe a trend?
If so, what type of trend do you see?
B2. Fit Trend Lines
Which model seems to be more appropriate? Explain?
B3 Calculate (predict) t = 11 for each trend method.
1. Create a Linear prediction for Federal Debt-GDP =
2. Create an Exponential prediction for Federal Debt-GDP =
3. Create a Polynomial (order 5) prediction for Federal Debt-GDP =
Year | t | Federal Debt - GDP |
2011 | 1 | 96.018 |
2012 | 2 | 100.061 |
2013 | 3 | 100.810 |
2014 | 4 | 102.818 |
2015 | 5 | 100.246 |
2016 | 6 | 105.337 |
2017 | 7 | 104.806 |
2018 | 8 | 105.632 |
2019 | 9 | 107.047 |
2020 | 10 | 128.332 |
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