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Listed below is the selling price for a share of PepsiCo Inc. at the close of each year. a. Plot the data b. Determine the

Listed below is the selling price for a share of PepsiCo Inc. at the close of each year.

a. Plot the data

b. Determine the least squares trend equation

c. Calculate the points for the years 1995-2000

d. Estimate the selling price in 2011.Does this seem like a reasonable estimate based on the historical data?

e. By how much has the stock price increased or decreased (per year) on average during the period?

Year Code Price 1990 1 12.9135 1991 2 16.8250 1992 3 20.6125 1993 4 20.3024 1994 5 18.3160 1995 6 27.7538 1996 7 29.0581 1997 8 36.0155 1998 9 40.6111 1999 10 35.0230 2000 11 49.5625 2001 12 48.6800 2002 13 42.2200 2003 14 46.6200 2004 15 52.2000 2005 16 59.8500 2006 17 62.0000 2007 18 77.5100 2008 19 54.7700 2009 20 60.8000

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