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The accompanying data shows the average baseball salary from 1993 through 2007. The trend forecasting equations below were found, where X is the number
The accompanying data shows the average baseball salary from 1993 through 2007. The trend forecasting equations below were found, where X is the number of years after 1993. Complete parts (a) through (d) below. =2.18+0.100X log 0.3458 +0.0155X 2.12 +0.128X-0.0020x Y = 0.48 +0.8667Y-1 Click the icon to view the data table. Snipping Tool + ~ b. Compute the standard error of the estimate (Syx) for each model. Linear Syx Quadratic (Round to three decimal places as needed.) Exponential Year Average Salary (Smillions) 1993 2.00 1994 2.38 1995 2.47 1996 2.63 1997 2.42 1998 2.55 1999 2.79 Autoregressive 2000 2.85 2001 3.06 2002 3.24 2003 3.29 2004 3.24 2005 3.38 2006 3.42 2007 3.49
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