Question
Year RICE LOG(Yt) (t) 1997 230341 5.362371248 1 1998 293827 5.468091701 2 1999 379089 5.578741183 3 2000 450505 5.653699615 4 2001 493316 5.693125201 5 2002
Year RICE LOG(Yt) (t)
1997 230341 5.362371248 1
1998 293827 5.468091701 2
1999 379089 5.578741183 3
2000 450505 5.653699615 4
2001 493316 5.693125201 5
2002 511565 5.708900823 6
2003 540648 5.732914601 7
2004 559515 5.747811734 8
2005 579857 5.763320904 9
2006 585692 5.767669292 10
2007 568508 5.75473658 11
2008 574724 5.759459333 12
2009 587080 5.768697286 13
2010 591670 5.772079549 14
2011 591640 5.772057528 15
2012 565816 5.752675224 16
2013 563429 5.750839197 17
2014 571405 5.756944036 18
2015 567241 5.753767614 19
2016 540678 5.732938699 20
2017 550240 5.740552158 21
2018 599090 5.77749207 22
2019 636570 5.803846168 23
2020 675600 5.829689641 24
Data represents the per capita (kg/yr) consumption of rice from 1997 to 2020 for a particular developing country.
(a) Specify and estimate a linear trend. Report the estimated coefficients.
(b)Specify and estimate a quadratic trend.Report the estimated coefficients.
(c)Specify and estimate an exponential trend. Report the estimated coefficients.
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