Question: The data shown in the following table and stored in Solar Power represent the yearly amount of solar power generated by utilities (in millions of
The data shown in the following table and stored in Solar Power represent the yearly amount of solar power generated by utilities (in millions of kWh) in the United States from 2002 through 2011:
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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 generated by utilities (in millions of kWh) in the United States in 2012 and 2013?
Solar Power Generated Solar Power Generated Year (millions of kWh) Year (millions of kWh) 2002 2003 2004 2005 2006 534 575 550 508 2007 2008 2009 2010 2011 612 864 891 1,212 1.814
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