77 375
Assignments Done
98,8%
Successfully Done
In July 2019

Answer to Question #14282 in Statistics and Probability for Nita

Question #14282
Gross revenue data (in millions of N$) for Atlantic Airlines for a ten year period follow.

Year Revenue Year Revenue
1 2428 6 4264
2 2951 7 4738
3 3533 8 4460
4 3618 9 5318
5 3616 10 6915

1.1) Develop a linear trend equation for this time series.
1.2) Comment on what the equation tells about the gross revenue for Hispanic airlines for the ten year period.
1.3) Provide the forecasts for gross revenue for 11 and 12 year.
Expert's answer

Not answered

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions