In order to forecast enrollment for next fall, XYZ University of the CBA wishes to forecast enrollment. The enrollment is calculated as both full-time equivalents and part-time equivalents, which represent the number of full-time students. The following is the enrollment data for the past ten years: Time(t) Enrollment ... 1 907 2 981 3 1014 4 1015 5 1050 6 1071 7 1123 8 1118 1175 10 1216 Tasks: 1. Make a scatterplot. Does the data seem to be trending linearly? 2. Calculate the Et Ey, and Ety. 3. How much does the slope mean? 4. How can the slope be interpreted? 5. What is the y-intercept of the line? 6. What does the y-intercept mean? 7. Calculate the enrollment for next year.

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ISBN:9781119256830
Author:Amos Gilat
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In order to forecast enrollment for next fall, XYZ University of the CBA wishes to forecast enrollment. The enrollment is calculated as
both full-time equivalents and part-time equivalents, which represent the number of full-time students. The following is the
enrollment data for the past ten years:
Time(t)
Enrollment
...
907
2
981
3
1014
4
1015
5
1050
6
1071
7
1123
8
1118
9.
1175
10
1216
Tasks:
1. Make a scatterplot. Does the data seem to be trending linearly?
2. Calculate the Et Ey, and Ety.
3. How much does the slope mean?
4. How can the slope be interpreted?
5. What is the y-intercept of the line?
6. What does the y-intercept mean?
7. Calculate the enrollment for next year.
Transcribed Image Text:In order to forecast enrollment for next fall, XYZ University of the CBA wishes to forecast enrollment. The enrollment is calculated as both full-time equivalents and part-time equivalents, which represent the number of full-time students. The following is the enrollment data for the past ten years: Time(t) Enrollment ... 907 2 981 3 1014 4 1015 5 1050 6 1071 7 1123 8 1118 9. 1175 10 1216 Tasks: 1. Make a scatterplot. Does the data seem to be trending linearly? 2. Calculate the Et Ey, and Ety. 3. How much does the slope mean? 4. How can the slope be interpreted? 5. What is the y-intercept of the line? 6. What does the y-intercept mean? 7. Calculate the enrollment for next year.
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