Number of Certified Organic Farms in the United States, 2001-2008 Year Farms 6,775 7,163 7,848 7,819...

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Number of Certified Organic Farms in the United States, 2001-2008 Year Farms 6,775 7,163 7,848 7,819 2001 2002 2003 2004 8, 290 9,205 10,711 12,068 2005 2006 2007 2008 E Click here for the Excel Data File (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 Yt = Xt + Exponential Yt = e (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.) t Linear Exponential Quadratic 9 10 11 Number of Certified Organic Farms in the United States, 2001-2008 Year Farms 6,775 7,163 7,848 7,819 2001 2002 2003 2004 8, 290 9,205 10,711 12,068 2005 2006 2007 2008 E Click here for the Excel Data File (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 Yt = Xt + Exponential Yt = e (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.) t Linear Exponential Quadratic 9 10 11

Answer rating: 100% (QA)

Type the data in Excel and plot the Farms then using the Trendline pr... View the full answer