Gross domestic product (GDP) is a major indicator of a nation's overall economic activity. The GDP...

  

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Gross domestic product (GDP) is a major indicator of a nation's overall economic activity. The GDP (in billions of current dollars) for a nation from 1986 to 2005 is shown in the following data table. Complete (a) through (d) below. Click the icon to view the data table. a. Plot the data. Choose the correct graph below. A. GDP ($billions) 10,000- 5,000- 0- ... 10 Coded Year 20 27 b. Compute a linear trend forecasting equation. ✨ = + (x₁ (Round to two decimal places as needed.) O B. GDP ($billions) 10,000- 5,000- 0- ********** 0 10 Coded Year Q 20 Ly O C. GDP ($billions) 10,000- 5,000- 10 Coded Year 20 Q 37 i More Info Year 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 GDP 2,296.5 2,512.1 2,992.7 3,292.5 3,649.7 3,963.9 4,450.6 4,694.1 5,182.2 5,598.0 Year 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Print Done Full data set GDP 5,691.6 6,341.0 - 6,603.6 6,812.5 7,371.9 7,821.2 7,941.9 8,241.0 8,779.1 9,155.2 X Gross domestic product (GDP) is a major indicator of a nation's overall economic activity. The GDP (in billions of current dollars) for a nation from 1986 to 2005 is shown in the following data table. Complete (a) through (d) below. Click the icon to view the data table. a. Plot the data. Choose the correct graph below. A. GDP ($billions) 10,000- 5,000- 0- ... 10 Coded Year 20 27 b. Compute a linear trend forecasting equation. ✨ = + (x₁ (Round to two decimal places as needed.) O B. GDP ($billions) 10,000- 5,000- 0- ********** 0 10 Coded Year Q 20 Ly O C. GDP ($billions) 10,000- 5,000- 10 Coded Year 20 Q 37 i More Info Year 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 GDP 2,296.5 2,512.1 2,992.7 3,292.5 3,649.7 3,963.9 4,450.6 4,694.1 5,182.2 5,598.0 Year 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Print Done Full data set GDP 5,691.6 6,341.0 - 6,603.6 6,812.5 7,371.9 7,821.2 7,941.9 8,241.0 8,779.1 9,155.2 X

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Total Mean SNo 1 2 3 4 5 from above Sxx Sxv sample size here y slope intercept 6 7 8 9 10 11 12 13 1... View the full answer