JetBlue Airlines Revenue (n = 8 years) YearRevenue (mil)20083,38820093,28620103,77920114,50420124,98220135,44120145,81720156,416 (a) Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your answers to 2 decimal places.) yt = t +Linear ? ?Exponential ? ? (b) Make annual forecasts for 2016–2018, using the linear and exponential trend models. (Do not round the intermediate calculations. Round your final answers to 2 decimal places.) tLinearExponential9 ? ?10 ? ?11 ? ?

Given Year Revenue (mil) 2008 3,388 2009 3,286 2010 3,779 2011 4,504 2012 4,982…

Answered: JetBlue Airlines Revenue (n = 8 years)…

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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Question

*JetBlue Airlines Revenue (n = 8 years)*

*Year*	*Revenue (mil)*
2008	3,388
2009	3,286
2010	3,779
2011	4,504
2012	4,982
2013	5,441
2014	5,817
2015	6,416

(a) Use Excel, MegaStat, or MINITAB to fit both a linear and an exponential trend to the time series. (Round your answers to 2 decimal places.)

	y_t =	t +
Linear	?	?
Exponential	?	?

(b) Make annual forecasts for 2016–2018, using the linear and exponential trend models. (Do not round the intermediate calculations. Round your final answers to 2 decimal places.)