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

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

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter6: Exponential Functions And Sequences

Section: Chapter Questions

Problem 14CR

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Question

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

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