Number of Certified Organic Farms in the U.S., XXXXXXXXXX Year Spending 2001 5497 2002 5895 2003 6570 2004 6547 2005 6980 2006 7857 2007 9486 2008 10698 Source: Statistical Abstract of the U.S., 2011,...




































































Number of Certified Organic Farms in the U.S., 2001-2008
YearSpending
20015497
20025895
20036570
20046547
20056980
20067857
20079486
200810698
Source: Statistical Abstract of the U.S., 2011, p. 537.

Fit three trends (linear, quadratic, exponential) to the time series.(A negative value should be indicated by a minus sign. Do not round the intermediate calculations. Round your final answers to 2 decimal places.)























Linear
y

t
 =x

t
 +
Quadratic
y

t
 =x

t

2+x

t
 +
Exponential
y

t
 =e
x




(b)Use each of the three fitted trend equations to make numerical forecasts for the next three years.(Round the intermediate calculations to 2 decimal places and round your final answers to 1 decimal place.)

































t
LinearExponentialQuadratic
9
10
11


Jun 08, 2022
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