Question: B1. Construct a Scatter Plot Do you observe a trend? If so, what type of trend do you see? B2. Fit Trend Lines Which model

B1. Construct a Scatter Plot

Do you observe a trend?

If so, what type of trend do you see?

B2. Fit Trend Lines

Which model seems to be more appropriate? Explain?

B3 Calculate (predict) t = 11 for each trend method.

1. Create a Linear prediction for Federal Debt-GDP =

2. Create an Exponential prediction for Federal Debt-GDP =

3. Create a Polynomial (order 5) prediction for Federal Debt-GDP =

Year t Federal Debt - GDP
2011 1 96.018
2012 2 100.061
2013 3 100.810
2014 4 102.818
2015 5 100.246
2016 6 105.337
2017 7 104.806
2018 8 105.632
2019 9 107.047
2020 10 128.332

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