JetBlue Airlines Revenue, 2008-2015 (millions) Year Revenue Year Revenue 2008 3,388 3,286 3,779 4,504 2012 4,982 5,441 5,817 6,416 2009 2013 2010 2014 2011 2015 I Click here for the Excel Data File (a) Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your places.)

Algebra and Trigonometry (MindTap Course List)
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ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
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Chapter4: Exponential And Logarithmic Functions
Section4.FOM: Focus On Modeling: Fitting Exponential And Power Curves To Data
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JetBlue Airlines Revenue,
2008-2015 (millions)
Year
Revenue
Year
Revenue
3,388
3,286
3,779
4,504
2008
2012
4,982
5,441
5,817
6,416
2009
2010
2013
2014
2011
2015
Click here for the Excel Data File
(a) Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your answers to
places.)
Linear
t +
Exponential
Yt =
(b) Make annual forecasts for 2016-2018, using the linear and exponential trend models. (Do not round the intermediate ca
Round your final answers to 2 decimal places.)
Linear
Exponential
6.
10
11
Transcribed Image Text:JetBlue Airlines Revenue, 2008-2015 (millions) Year Revenue Year Revenue 3,388 3,286 3,779 4,504 2008 2012 4,982 5,441 5,817 6,416 2009 2010 2013 2014 2011 2015 Click here for the Excel Data File (a) Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your answers to places.) Linear t + Exponential Yt = (b) Make annual forecasts for 2016-2018, using the linear and exponential trend models. (Do not round the intermediate ca Round your final answers to 2 decimal places.) Linear Exponential 6. 10 11
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