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Statistics: Time series analysis
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- Table 6 shows the year and the number ofpeople unemployed in a particular city for several years. Determine whether the trend appears linear. If so, and assuming the trend continues, in what year will the number of unemployed reach 5 people?The US. import of wine (in hectoliters) for several years is given in Table 5. Determine whether the trend appearslinear. Ifso, and assuming the trend continues, in what year will imports exceed 12,000 hectoliters?The U.S. Census tracks the percentage of persons 25 years or older who are college graduates. That data forseveral years is given in Table 4[14]. Determine whether the trend appears linear. If so, and assuming the trendcontinues. in what year will the percentage exceed 35%?
- Enter the data from Table 2 into a graphing calculator and graph the ranking scatter plot. Determine whetherthe data from the table would likely represent a function that is linear, exponential, or logarithmic.A house sells for $81528 at the end of 2010 and for $161637 at the end of 2017. If the market value increased linearly from 2010 through 2017, what was the annual rate of change of the market value?Which table represents a situation with a rate of change of 3?
- During periods when the unadjusted federal minimum wage is constant, identify the trend that you observe in the adjusted federal minimum wage and the explain why that trend occursA car purched for 12500 in 1995 was sold for 4900 in 2001. Find the average rate of change in value per year of car over this period.which equation has a rate of change that is greater than the rate of change shown in the graph ? select all that apply
- Compare the rate of change of the two graphs shown.A cheese manufacturer produces18,000 pounds of cheese from January 1 through March 24.Suppose that this rate of production continues for the remainderof the year. Predict, to the nearest pound, the number of pounds produced for the year.If a number decreases from 88 to 11, what is the rate of decrease (as a %)?