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
icon
Related questions
Question
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

 

 

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 10 images

Blurred answer
Knowledge Booster
Differential Equation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781305652224
Author:
Charles P. McKeague, Mark D. Turner
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt