Number of Certified Organic Farms in the U.S., 2001-2008

Year

Spending

2001

6231

2002

6574

2003

7237

2004

7211

2005

7701

2006

8581

2007

10302

2008

11796

Source: Statistical Abstract of the U.S., 2011, p. 537.

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IT Number of Certified Organic Farms in the United States, 200e1-2008 Farms Year 2001 6,231 6, 574 7,237 7,211 7, 701 8,581 10, 302 11,796 2002 2003 2084 2005 2006 2007 2008 Click here for the Excel Data File (e) Fit three trends (linear, quadratic, exponential) to the time series. (A negative value should be Indicated by a mlnus sign. Do not round the Intermedlate calculatlons. Round your final answers to 2 decimal places.) Linear Quadratic Yt = Exponential (b) Use each of the three fitted trend equations to make numerical forecasts for the next three years. (Round the Intermedlate calculations to 2 decimal places and round your final answers to 1 decimal place.) Linear Exponential Quadratic 10 11 IT Number of Certified Organic Farms in the United States, 200e1-2008 Farms Year 2001 6,231 6, 574 7,237 7,211 7, 701 8,581 10, 302 11,796 2002 2003 2084 2005 2006 2007 2008 Click here for the Excel Data File (e) Fit three trends (linear, quadratic, exponential) to the time series. (A negative value should be Indicated by a mlnus sign. Do not round the Intermedlate calculatlons. Round your final answers to 2 decimal places.) Linear Quadratic Yt = Exponential (b) Use each of the three fitted trend equations to make numerical forecasts for the next three years. (Round the Intermedlate calculations to 2 decimal places and round your final answers to 1 decimal place.) Linear Exponential Quadratic 10 11