The data shown in the following table and stored in Solar Power represent the yearly amount of
Question:
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. Using the models in (b) through (d), what are your annual trend forecasts of the yearly amount of solar power generated by utilities (in millions of kWh) in the United States in 2012 and 2013?
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Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 772
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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