Suppose that you are a researcher and wish to construct a linear mathematical (statistical) model that relates the number of years and the corresponding exports (million U.S,$) of a country. The constructed model may use to forecasts the future values. You have obtained the relevant data for a decade during 1990 to 1999 and you have listed the data in Table 5. Table 5. Shows the list of the amount that have earned on exports 6| 7| 8 Year No. 1| 2 | 3 | 4 10 Exports 4954 6131 | 6904| 6813 6803 8137| 8707 8320 8628 7779 (a) Construct a suitable graph that explains the relationship between the number of years and the corresponding exports. By inspection of the graph comment on the relationships between the number of vears and the corresponding exports. (b) Construct a mathematical (Statistical) model by using least square method between number of years and the corresponding sales. Also interpret the slope of the linear model to support your comment. (c) Forecast the value of sales by using the linear model for the year of 2000.

Suppose that you are a researcher and wish to construct a linear mathematical (statistical) model that relates the number of years and the corresponding exports (million U.S,$) of a country. The constructed model may use to forecasts the future values. You have obtained the relevant data for a decade during 1990 to 1999 and you have listed the data in Table 5. Table 5. Shows the list of the amount that have earned on exports 6| 7| 8 Year No. 1| 2 | 3 | 4 10 Exports 4954 6131 | 6904| 6813 6803 8137| 8707 8320 8628 7779 (a) Construct a suitable graph that explains the relationship between the number of years and the corresponding exports. By inspection of the graph comment on the relationships between the number of vears and the corresponding exports. (b) Construct a mathematical (Statistical) model by using least square method between number of years and the corresponding sales. Also interpret the slope of the linear model to support your comment. (c) Forecast the value of sales by using the linear model for the year of 2000.

Name: Suppose that you are a researcher and wish to construct a linear math
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Description: Suppose that you are a researcher and wish to construct a linear mathematical (statistical) modelthat relates the number of years and the corresponding exports (million U.S,$) of a country. Theconstructed model may use to forecasts the future values

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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Suppose that you are a researcher and wish to construct a linear mathematical (statistical) model that relates the number of years and the corresponding exports (million U.S.$) of a country. The constructed model may use to forecasts the future values. You have obtained the relevant data for the during of 1990 to 1995 and you have listed the data in Table 5. Table 5. Shows the list of the amount that have earned on exports Year No. 1 2 3 4 5 6 Exports 4954 6131 6904 6813 6803 8137 (a) Construct a suitable graph that explains the relationship between the number of years and the corresponding exports. (b) Construct a mathematical (Statistical) model by using least square method between number of years and the corresponding sales. (c) Interpret the slope of the estimated linear model (d) Forecast the value of exports by using the estimated linear model for the year of 2000
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