Question: (a) Fit three trends (linear, quadratic, exponential) to the time series. (A negative value should be indicated by a minus sign. Do not round

(a) Fit three trends (linear, quadratic, exponential) to the time series. (A negative value should be indicated by a minus sign. Do not round

(a) Fit three trends (linear, quadratic, exponential) to the time series. (A negative value should be indicated by a minus sign. Do not round the intermediate calculations. Round your final answers to 2 decimal places.) Linear yt = Xt + Quadratic t = Xt + Number of Certified Organic Farms in the United States, 2001-2008 Year Farms 6,775 7,163 7,848 2001 2002 2003 2004 7,819 8,290 9,205 10,711 12,068 2005 2006 2007 2008 (b) Use each of the three fitted trend equations to make numerical forecasts for the next three years. (Round the intermediate calculations to 2 decimal places and round your final answers to 1 decimal place.) Linear Exponential Quadratic 9 10 11

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