Question
Carbon monoxide (CO) is a colorless, odorless gas that is highly toxic. A major source of CO is motor vehicle emissions. Consider data on average
Carbon monoxide (CO) is a colorless, odorless gas that is highly toxic. A major source of CO is motor vehicle emissions. Consider data on average CO emissions (grams per mile) for gasoline passenger cars by production year from 2000 to 2018. Gasoline electric hybrids, but not electric cars, are included in the estimates.
The forecast from the SLR (Simple Linear Regression) method for 2019 is 2.186 Calculate:-
1. Forecast for 2019 using mean method = grams/mile
2. Forecast for 2019 using naive method = grams/mile
3. What is the value of the drift? Give answer to three decimal places as needed.
4. Forecast for 2019 using drift method = grams/mile
Year | CO (grams per mile) |
2000 | 16.028 |
2001 | 14.672 |
2002 | 12.975 |
2003 | 11.866 |
2004 | 10.714 |
2005 | 9.759 |
2006 | 9.116 |
2007 | 8.457 |
2008 | 7.954 |
2009 | 7.48 |
2010 | 7.121 |
2011 | 6.839 |
2012 | 6.228 |
2013 | 5.775 |
2014 | 5.314 |
2015 | 4.898 |
2016 | 4.563 |
2017 | 4.183 |
2018 | 3.941 |
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