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Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future population of the city. In
Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future population of the city. In recent years, Popular has become a desirable place to live and work, as indicated by the table on the next page. The contract states that PPP must project Popular's population for the year 2018 using both a simple linear method and an economic base analysis. The ratio of population to total employment is 2.0833.
Year | Total Population | Total Employment | Basic Employment | Nonbasic Employment |
2013 | 50,000 | 25,000 | 6,250 | 18,750 |
2014 | 53,000 | 26,500 | 6,625 | 19,875 |
2015 | 57,000 | 28,500 | 7,125 | 21,375 |
2016 | 65,000 | 32,500 | 8,125 | 24,375 |
2017 | 70,000 | 35,000 | 8,750 | 26,250 |
2018 | ? | ? | 9,000 | ? |
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