JetBlue Airlines Revenue (n = 8 years) YearRevenue (mil) 20083,388 20093,286 20103,779 20114,504 20124,982 20135,441 20145,817 20156,416 (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.) Linearyt = t + Exponentialyt = e t (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.) tLinearExponential9 10 11

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MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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JetBlue Airlines Revenue (n = 8 years)

Year

Revenue (mil)

2008

3,388

2009

3,286

2010

3,779

2011

4,504

2012

4,982

2013

5,441

2014

5,817

2015

6,416

(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	y_t = t +
Exponential	y_t = e^t

(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.)

t	Linear	Exponential
9
10
11

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