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
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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.
Linearyt = t +
Exponentialyt = e t
(b) Make annual forecasts for 2016–2018, using the linear and exponential trend models.
Related Book For
Business Statistics a decision making approach
ISBN: 978-0133021844
9th edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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