Question: Use regression analysis to answer the following questions. a. Fit a linear trend model to the data set. What is the estimated regression function? b.

Use regression analysis to answer the following questions.

a. Fit a linear trend model to the data set. What is the estimated regression function?
b. Interpret the R² value for your model.
c. Prepare a line graph comparing the linear trend predictions against the original data.
d. What are the forecasts for the next two years using this technique?
e. Fit a quadratic trend model to these data.Whatis the estimated regression function?
f. Compare the adjusted-R² value for this model to that of the linear trend model. What is implied by this comparison?
g. Prepare a line graph comparing the quadratic trend predictions against the original data.

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