An educational researcher wants to investigate the tuition patterns at Central Connecticut State University (CCSU). The data
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An educational researcher wants to investigate the tuition patterns at Central Connecticut State University (CCSU). The data in Table 12.13 gives the tuition (in dollars) for full-time undergraduate students for each academic year from 2008 to 2017.
a. Run a linear trend model on the tuition at CCSU.
b. Run a quadratic trend model on the tuition at CCSU.
c. Which of these models best fit the data?
d. Using the best fitting model, forecast the tuition at CCSU for 2020 and 2021.
Table 12.13
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