Use a simple linear trend regression (Enrollment = β0 + β1∙Time) to answer the following: a. Estimate b0 and b1. Find the point estimate enrollment for Spring 2022.  Find R2, and F.  d. Based on what you

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Use a simple linear trend regression (Enrollment = β0 + β1∙Time) to answer the following:

a. Estimate b0 and b1.

  1. Find the point estimate enrollment for Spring 2022. 

  2. Find R2, and F. 

d. Based on what you found in part c, what is your assessment of this regression and of the point estimate in 5.b?

Table 1: Students registered for Econ 317 in the past 6 semesters:
Year
Season
Econ 317 students
2020 Spring
131
2020
Summer
16
2020
Fall
175
2021 Spring
125
2021
Summer
10
2021
Fall
159
Transcribed Image Text:Table 1: Students registered for Econ 317 in the past 6 semesters: Year Season Econ 317 students 2020 Spring 131 2020 Summer 16 2020 Fall 175 2021 Spring 125 2021 Summer 10 2021 Fall 159
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