The average salary of Major League Baseball players on opening day from 2000 to 2012 is stored in BBSalaries and shown in the right column.
a. Plot the data.
b. Compute a linear trend forecasting equation and plot the trend line.
c. Compute a quadratic trend forecasting equation and plot the results.
d. Compute an exponential trend forecasting equation and plot the results.
e. Which model is the most appropriate?
f. Using the most appropriate model, forecast the average salary for 2013.

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Year Salary (Smillions) Year Salary (Smillions) 2000 2001 2002 2003 2004 2005 2006 1.99 2.29 2.38 2.58 2.49 2.63 2.83 2007 2008 2009 2010 2011 2012 2.92 3.13 3.26 3.27 3.32 3.38