Number of Certified Organic Farms in the United States, 2001–2008 Year Farms 2001 5,441 2002 5,806 2003 6,546 2004 6,528 2005 6,944 2006 7,854 2007 9,430 2008 10,728 Fit three trends: linear yt= xt+ quadratic yt= xt^2+ xt+ exponential yt= e x Use each of the three fitted trend equations to make numerical forecasts for the next three years. t Linear Quadratic Exponential 9 10 11
Number of Certified Organic Farms in the United States, 2001–2008 Year Farms 2001 5,441 2002 5,806 2003 6,546 2004 6,528 2005 6,944 2006 7,854 2007 9,430 2008 10,728 Fit three trends: linear yt= xt+ quadratic yt= xt^2+ xt+ exponential yt= e x Use each of the three fitted trend equations to make numerical forecasts for the next three years. t Linear Quadratic Exponential 9 10 11
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
Problem 37E
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Number of Certified Organic Farms in the United States, 2001–2008 |
|
Year | Farms |
2001 | 5,441 |
2002 | 5,806 |
2003 | 6,546 |
2004 | 6,528 |
2005 | 6,944 |
2006 | 7,854 |
2007 | 9,430 |
2008 | 10,728 |
Fit three trends:
linear yt= xt+
quadratic yt= xt^2+ xt+
exponential yt= e x
Use each of the three fitted trend equations to make numerical forecasts for the next three years.
t Linear Quadratic Exponential
9
10
11
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