Question: Using the data provided below, develop a forecast for general aviation (GA) operations using effective buying income as the independent variable. Coursework 2 Using the

Using the data provided below, develop a forecast for general aviation (GA) operations using effective buying income as the independent variable.

operations using effective buying income as the independent variable. Coursework 2 Using

Coursework 2 Using the data provided below, develop a forecast for general aviation (GA) operations using effective buying income as the independent variable. Year GA Operations (Y) Effective Buying Income (X) Historical 1 22,513 $8,433 IN 23,768 $9,207 3 21,838 $10, 106 25,904 on A $10,457 26,208 $11,055 26,946 $11,016 27,977 $11,399 27,294 $11,883 28,647 $12, 119 10 29,270 $12,213Answer Questions 1 and 2 below. 1. Develop a forecast for the years 15, 20 and 30. What is your regression equation? 2. Complete the table shown below. Year GA Operations (Y) Effective Buying Income (X) Forecast 15 $13,081 20 $14,609 30 $20,369 3. What is the coefficient of determination and what does it imply

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