Because of high tuition costs at state and private universities, enrollments at communitycolleges have increased dramatically in recent years. The following data show the enrollment(in thousands) for...

Because of high tuition costs at state and private universities, enrollments at communitycolleges have increased dramatically in recent years. The following data show the enrollment(in thousands) for Jefferson Community College from 2001–2009.Year Period (t) Enrollment (1000s)2001 1 6.52002 2 8.12003 3 8.42004 4 10.22005 5 12.52006 6 13.32007 7 13.72008 8 17.22009 9 18.1a. Construct a time series plot. What type of pattern exists in the data?b. Develop the linear trend equation for this time series.c. What is the forecast for 2010?

May 23, 2022
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