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X Yearly Amount of Solar Power Installed Year Amount (megawatts) 2000 22 2001 24 2002 42 2003 70 2004 85 2005 104 2006 143 2007
X Yearly Amount of Solar Power Installed Year Amount (megawatts) 2000 22 2001 24 2002 42 2003 70 2004 85 2005 104 2006 143 2007 209 2008 254 Print DoneThe accompanying data represent the yearly amount of solar power installed {in megawatts} in a particular area from 2000 through 2003. The trend forecasting equations below were found, where X is the number of years after 2000. Complete parts (a) through {d} below. i = - s.r11+2s.ssocxl E = 23.32 + 0.13in + 3.435911? @ Click the icon to view the data table. (I) a. Compute the standard error of the estimate {SW} for each model. Llnaar Quadratic 3w: El D (Round to three decimal places as needed.) is. Compute the MAD for each model. Llnaar Quadratic MAD D D {Round to three decimal places as needed.) c. On the basis of {a} and [bl and the principle of parsimony. which forecasting model would you select? The model with the ':| values of S'r'x and MAD should be used. which is the |:| model
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