Because of high tuition costs at state and private universities, enrollments at community colleges have increased dramatically

Question:

Because of high tuition costs at state and private universities, enrollments at community colleges have increased dramatically in recent years. The following data show the enrollment (in thousands) for Jefferson Community College from 2001–2009.

a. Construct a time series plot. What type of pattern exists in the data?

b. Develop the linear trend equation for this time series.

c. What is the forecast for 2010?

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9780324783247

11th Edition

Authors: Thomas A. Williams, Dennis J. Sweeney, David R. Anderson

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