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Listed below is the selling price for a share of PepsiCo Inc. at thecloseof eachyear from 1990 to 2012. Year Price Year Price Year Price

Listed below is the selling price for a share of PepsiCo Inc. at thecloseof eachyear from 1990 to 2012.

Year Price Year Price Year Price Year Price
1990 12.51 1996 29.95 2002 42.92 2008 56.37
1991 16.22 1997 36.61 2003 43.72 2009 60.8
1992 20.51 1998 40.61 2004 50.22 2010 66.6
1993 20.8 1999 35.12 2005 54.32 2011 68
1994 18.51 2000 49.36 2006 56.82 2012 69.1
1995 27.25 2001 48.48 2007 61.05

b.

Determinethe least squares trend equation.(Roundy-intercept to 3 decimal places and the otheranswerto 4 decimal places.)

=+t

c. Calculate the selling price for the years 1995 and 2000.(Round your answers to 3 decimal places.)
For 1995,=and for 2000,=

d. Estimate the selling price in 2017.(Round your answer to 3 decimal places.)
For 2017,=.

e.

By how much has the stock price increased or decreased (per year) on average during the period?(Round your answer to 2 decimal places.)

(Click to select)IncreasedDecreasedper year.

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