The file Auto Production contains the number of automobiles assembled in the United States (in thousands) from

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The file Auto Production contains the number of automobiles assembled in the United States (in thousands) from 1999 to 2018.
a. Plot the data.
b. Compute a linear trend forecasting equation and plot the trend line.
c. Compute a quadratic trend forecasting equation and plot the results.
d. Compute an exponential trend forecasting equation and plot the results.
e. Which model is the most appropriate?
f. Using the most appropriate model, forecast the U.S. automobiles assembled for 2019.

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Statistics For Managers Using Microsoft Excel

ISBN: 9780135969854

9th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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