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 for a certain community college for the nine most recent years.. Year Period (t) Enrollment (1,000) 2001 2002 2003 2004 2005 2006 2007 2036 2009 1 2 3 4 5 6 7 18 9 6.7 8.3 8.2 10.4 12.3 13.1 13.5 17.0 17/9 (a) Construct a time series plot. What type of pattern exists in the data? O The time series plot shows a seasonal pattern. The time series plot shows a nonlinear trend. O The time series plot shows a horizontal pattern. O The time series plot shows a linear trend. (b) Use simple linear regression analysis to find the parameters for the line that minimizes HSE for this time series. (Round your answers to two decimal places) Do- ( What is the forecast for year 10 ( 1,000s)? (Round your answer to one decimal place) thousand students
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 for a certain community college for the nine most recent years.. Year Period (t) Enrollment (1,000) 2001 2002 2003 2004 2005 2006 2007 2036 2009 1 2 3 4 5 6 7 18 9 6.7 8.3 8.2 10.4 12.3 13.1 13.5 17.0 17/9 (a) Construct a time series plot. What type of pattern exists in the data? O The time series plot shows a seasonal pattern. The time series plot shows a nonlinear trend. O The time series plot shows a horizontal pattern. O The time series plot shows a linear trend. (b) Use simple linear regression analysis to find the parameters for the line that minimizes HSE for this time series. (Round your answers to two decimal places) Do- ( What is the forecast for year 10 ( 1,000s)? (Round your answer to one decimal place) thousand students
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
B9
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 3 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman