Question: The data shown in the following table (and stored in Solar Power) represent the yearly amount of solar power installed (in megawatts) in the United
Year Amount of Solar Power Installed
2000.........................................18
2001.........................................27
2002.........................................44
2003.........................................68
2004.........................................83
2005.......................................100
2006.......................................140
2007.......................................210
2008.......................................250
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. Using the models in (b) through (d), what are your annual trend forecasts of the yearly amount of solar power installed (in megawatts) in the United States in 2009 and 2010?
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