The general fund budget (in billions of dollars) for a U.S. state for 1988 (period 1) to 2011 (period 24) follows.Budget($ billions)Year Period198819891990199119921993199419951996199719981999200020012002200320042005200620072008200912345678009101112131415161718192021223.033.293.564.414.464.614.755.155.345.666.116.306.586.756.666.887.087.658.488.578.768.53 2010Budget ($ billions)201123(a) Construct a time series plot.10 T9+10240 5108.238.8615Period20HHWhat type of pattern exists in the data?O The time series plot shows a seasonal pattern.O The time series plot shows a nonlinear trend.O The time series plot shows a horizontal pattern.O The time series plot shows a linear trend.25@OBudget ($ billions)1092-100 51015Period20(c) What is the forecast (in billions of dollars) for period 25? (Round your answer to two decimal places.)$billion25GOBudget ($ billions)1098100 510(b) Develop a linear trend equation for this time series to forecast the budget (in billions of dollars). (Round your numerical values to three decimal places.)Tt=15Period20 25OBudget ($ billions)109210051015Period▬|||||2025Ⓡ

period budget 1 3.03 2 3.29 3 3.56 4 4.41 5 4.46 6 4.61 7 4.75 8 5.15 9 5.34 10…

Answered: Year Period 1988 1989 1990 1 2 3 Budge…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A report by the Government Accountability Office (GAO) shows that the GAO expects the U.S. Postal Service to lose a record $7 billion at the end of this year, and if the business model is not changed, the losses will total $241 billion by the end of year 10. If the losses increase uniformly over the 10-year period, determine the following:(a) The expected increase in losses each year(b) The loss 5 years from now(c) The equivalent uniform worth of the losses at an interest rate of 8% per year
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Year Period 1988 1989 1990 1 2 3 Budge ($ billion 3.03 3.29 3.56