Question
Gross domestic product (GDP) is a major indicator of a nation's overall economic activity. The GDP (in billions of current dollars) for a nation
Gross domestic product (GDP) is a major indicator of a nation's overall economic activity. The GDP (in billions of current dollars) for a nation from 1985 to 2004 is shown in the following data table. Complete (a) through (d) below. Click the icon to view the data table. a. Plot the data. Choose the correct graph below 10,00 5,00 10 20 b. Compute a linear trend forecasting equation and plot the trend line (Round to one decimal place as needed) 10,00 5,00 10 20 10,00 5,00 10 20 Data Table 10,00 5,00 10 20 Year 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 GDP 2, 136 6 2,464.1 2,885 2 3,202 7 3,649 6 4, 0060 43767 4,682 6 4,997 U 5,4717 Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Full dataset GDP 5,877 4 6,261 4 6,596 0 6,861 6 7,315 0 7,583 1 7,865 5 8, 1868 8,763 1 8,9355 print
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