JetBlue Airlines Revenue, 2008–2015 (millions) Year Revenue   Year Revenue 2008 3,388   2012 4,982 2009 3,286   2013 5,441 2010 3,779   2014 5,817 2011 4,504   2015 6,416   1. Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. linear yt=    t+ Exponential yt=    e   t 2. Make annual forecasts for 2016–2018, using the linear and exponential trend models. t        Linear     Exponential  9 10 11

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JetBlue Airlines Revenue,
2008–2015 (millions)
Year Revenue   Year Revenue
2008 3,388   2012 4,982
2009 3,286   2013 5,441
2010 3,779   2014 5,817
2011 4,504   2015 6,416
 

1. Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series.

linear yt=    t+
Exponential yt=    e   t

2. Make annual forecasts for 2016–2018, using the linear and exponential trend models.

t        Linear     Exponential 

9

10

11

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