JetBlue Airlines Revenue, 2008-2015 (millions) Year Revenue Year Revenue 3,388 3,286 3,779 4,504 2008 2012 4,982 5,441 5,817 6,416 2009 2013 2010 2014 2011 2015 Click here for the Excel Data File (a) Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your answers to 2 decimal places.) Linear Yt = 468.04 2595.5 Exponential 2898.1 0.1014 (b) Make annual forecasts for 2016–2018, using the linear and exponential trend models. (Do not round the intermediate calculations. Round your final answers to 2 decimal places.) Linear Exponential 6807.86 7218.56 9. 10 7275.90 11 7743.94
JetBlue Airlines Revenue, 2008-2015 (millions) Year Revenue Year Revenue 3,388 3,286 3,779 4,504 2008 2012 4,982 5,441 5,817 6,416 2009 2013 2010 2014 2011 2015 Click here for the Excel Data File (a) Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your answers to 2 decimal places.) Linear Yt = 468.04 2595.5 Exponential 2898.1 0.1014 (b) Make annual forecasts for 2016–2018, using the linear and exponential trend models. (Do not round the intermediate calculations. Round your final answers to 2 decimal places.) Linear Exponential 6807.86 7218.56 9. 10 7275.90 11 7743.94
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
100%
![JetBlue Airlines Revenue,
2008-2015 (millions)
Year
Revenue
Year
Revenue
3,388
3,286
3,779
4,504
2008
2012
4,982
5,441
5,817
6,416
2009
2013
2010
2014
2011
2015
Click here for the Excel Data File
(a) Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your answers to 2 decimal
places.)
Linear
Yt =
468.04
2595.5
Exponential
2898.1
0.1014
(b) Make annual forecasts for 2016–2018, using the linear and exponential trend models. (Do not round the intermediate calculations.
Round your final answers to 2 decimal places.)
Linear
Exponential
6807.86
7218.56
9.
10
7275.90
11
7743.94](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F38cf9bba-9d73-4cb3-9116-84e991c24f53%2F15bac262-53db-4338-b722-9a021ef461bc%2Fx0iouq8h.png&w=3840&q=75)
Transcribed Image Text:JetBlue Airlines Revenue,
2008-2015 (millions)
Year
Revenue
Year
Revenue
3,388
3,286
3,779
4,504
2008
2012
4,982
5,441
5,817
6,416
2009
2013
2010
2014
2011
2015
Click here for the Excel Data File
(a) Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your answers to 2 decimal
places.)
Linear
Yt =
468.04
2595.5
Exponential
2898.1
0.1014
(b) Make annual forecasts for 2016–2018, using the linear and exponential trend models. (Do not round the intermediate calculations.
Round your final answers to 2 decimal places.)
Linear
Exponential
6807.86
7218.56
9.
10
7275.90
11
7743.94
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 4 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
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](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
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…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
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](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman