A country import data shows the following. Using the data Calculate the straight line trend model...
A country import data shows the following. Using the data
Calculate the straight line trend model using the least square method and predict the total import for 2017 and 2018
Calculate a three year moving average for the data and show the same on separate column
| year | import in billions $ |
| 2007 | 21 |
| 2008 | 18 |
| 2009 | 16 |
| 2010 | 24 |
| 2011 | 23 |
| 2012 | 24 |
| 2013 | 39 |
| 2014 | 28 |
| 2015 | 12 |
| 2016 | 34 |
Homework Answers
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A country import data shows the following. Using the data
Calculate the straight line trend model...
Using the following data, graph the real GDP growth rates for 2007–2016. Instructions: Use the tool...
Using the following data, graph the real GDP growth rates for
2007–2016.
Instructions: Use the tool provided 'Growth' to
plot the line point by point (plot 10 points total). When plotting
each point, round the GDP growth rate to the nearest 0.25% (e.g.,
round 1.8% to 1.75%, round 2.4% to 2.5%, etc., refer to the fourth
column in the table).
Year Real GDP in Billions) Percent Change from Prior Year 1.80 Percent Change from Prior Year to be graphed 1.75...
A) Find an equation for a line that fits the data well. B) Using your equation,...
A) Find an equation for a line that fits the data well.
B) Using your equation, predict the cost for tuition and fees
at a 4 year college in the year 2020.
The graph below show the average cost for tuition and fees at public four-year colleges from 2007 to 2015. Tuition and Fees at Public Four-Year Colleges in 2015 dollars) $10,000 $9,500 $9,000 $8,500 $8,000 $7,500 $7,000 $6,500 $6,000 2006 2007 2008 2009 2010 2011 2012 2013 20142015 2016
7.9 3.3 2. Consider the following data from 2001 - 2017, column 1 is the year,...
7.9 3.3 2. Consider the following data from 2001 - 2017, column 1 is the year, the 2nd column is the unemployment rate, and the 3rd column is the inflation rate. Plot the data using a scatter plot and argue whether in your opinion, the Phillips Curve has validity. 2001 5.7 1.6 2002 6.0 2.4 2003 5.7 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 4.1 3.0 0.7
11. The table identifies annual gross domestic product (GDP) (in billions of dollars) for country X....
11. The table identifies annual gross domestic product (GDP) (in billions of dollars) for country X. GDP 2,614 2,460 2,465 2,417 1,774 Based on the table, during which years(s) was country X most likely to have been in a recession? (4 Year 2006 2007 2008 2009 2010 GDP 1,107 1,397 1,695 1,667 2,208 Year 2011 2012 2013 2014 2015 points)
The following table reports on GDP and government budget surplus or deficit for France (measured in...
The following table reports on GDP and government budget surplus or deficit for France (measured in dollars). a) For each year, calculate the surplus or deficit as a percentage of GDP. Instructions: Enter your responses rounded to two decimal places in the table below. If you are entering a negative number, use a negative (-) sign where appropriate. Fiscal Year GDP (Billions of dollars) Surplus or Deficit (−) (Billions of dollars) Surplus or Deficit as percentage of GDP 2006 2,160...
2002 85.0 92.0 Refer to the data below (all values are in billions): Nominal Year GDP...
2002 85.0 92.0 Refer to the data below (all values are in billions): Nominal Year GDP Deflator GDP (in Billions (Price Index, of Dollars) 2009 = 100) 2000 9,817 81.9 2001 10,128 83.8 10,469 2003 10,960 86.7 2004 11,685 89.1 2005 12,422 2006 13,178 94.8 2007 13,808 97.3 2008 14,291 99.2 2009 13,939 100.0 2010 14,524 101.2 15,518 103.3 2012 16,163 105.2 2013 16,768 106.7 2014 17,393 108.8 2015 18,037 110.0 2016 18,569 111.4 2011 2010 2011 2012 2013 2014...
Instructions: Enter your responses rounded to the nearest billion. a. Calculate real GDP for 2016 using...
Instructions: Enter your
responses rounded to the nearest billion.
a. Calculate real GDP for 2016 using 2000 prices.
$ billion
b. By how much did real GDP increase between 2000 and 2016?
$ billion
c. By how much did nominal GDP increase between 2000 and
2016?
$ billion
Refer to the data below (all values are in billions): Year Nominal GDP GDP Deflator (in Billions of Dollars) (Price Index 2009 100) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009...
What do you predict the student population will be in 2019? Year 2006 = 8,860 Students...
What do you predict the student population will be in 2019? Year 2006 = 8,860 Students 2007 = 9,056 2008 = 9,050 2009 = 9,429 2010 = 9,407 2011 = 9,352 2012 = 9,608 2013 = 10,107 2014 = 10,382 2015 = 10,340 2016 = 10,805 2017 = 11,034 2018 = 11,639
Use the information in the table below to calculate the real 2015 gross domestic product in...
Use the information in the table below to calculate the real 2015 gross domestic product in 2009 dollars. Explain how the calculation is performed and the reasoning behind it. U.S. Nominal GDP and Price Level, 2006-2015 Nominal GDP Price Level Year (billions of dollars) (GDP deflator) 2006 13,855.9 95 2007 14,477.6 97 2008 14,718.6 99 2009 14,418.7 100 2010 14,964.4 101 2011 15,517.9 103 2012 16,155.3 105 2013 16,663.2 107 2014 17,348.1 109 2015 17,937.8 110
7) Using the CPI data from above, calculate the Inflation Rate for the year 2011, using...
7) Using the CPI data from above, calculate the Inflation Rate for the year 2011, using the data for 2010 and 2011 where P CPI: Inflation Rate = -1 Year Nominal GDP GDP chain index (2012 = 100) Population CPI (1982- 84 1000 211445 2007 1465 billion 2008 15145595 hillon 2009 5 14,623 billion 2010 S1140 billion 2011 S 15.796.5 Billion 20129 Non 2013 S ON. I on 2014 IS19 Non 2015 ISO on 2016 S hillon 2017 19 ORO...
Using the following data, graph the real GDP growth rates for
2007–2016.
Instructions: Use the tool provided 'Growth' to
plot the line point by point (plot 10 points total). When plotting
each point, round the GDP growth rate to the nearest 0.25% (e.g.,
round 1.8% to 1.75%, round 2.4% to 2.5%, etc., refer to the fourth
column in the table).
Year Real GDP in Billions) Percent Change from Prior Year 1.80 Percent Change from Prior Year to be graphed 1.75...
A) Find an equation for a line that fits the data well.
B) Using your equation, predict the cost for tuition and fees
at a 4 year college in the year 2020.
The graph below show the average cost for tuition and fees at public four-year colleges from 2007 to 2015. Tuition and Fees at Public Four-Year Colleges in 2015 dollars) $10,000 $9,500 $9,000 $8,500 $8,000 $7,500 $7,000 $6,500 $6,000 2006 2007 2008 2009 2010 2011 2012 2013 20142015 2016
7.9 3.3 2. Consider the following data from 2001 - 2017, column 1 is the year, the 2nd column is the unemployment rate, and the 3rd column is the inflation rate. Plot the data using a scatter plot and argue whether in your opinion, the Phillips Curve has validity. 2001 5.7 1.6 2002 6.0 2.4 2003 5.7 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 4.1 3.0 0.7
11. The table identifies annual gross domestic product (GDP) (in billions of dollars) for country X. GDP 2,614 2,460 2,465 2,417 1,774 Based on the table, during which years(s) was country X most likely to have been in a recession? (4 Year 2006 2007 2008 2009 2010 GDP 1,107 1,397 1,695 1,667 2,208 Year 2011 2012 2013 2014 2015 points)
2002 85.0 92.0 Refer to the data below (all values are in billions): Nominal Year GDP Deflator GDP (in Billions (Price Index, of Dollars) 2009 = 100) 2000 9,817 81.9 2001 10,128 83.8 10,469 2003 10,960 86.7 2004 11,685 89.1 2005 12,422 2006 13,178 94.8 2007 13,808 97.3 2008 14,291 99.2 2009 13,939 100.0 2010 14,524 101.2 15,518 103.3 2012 16,163 105.2 2013 16,768 106.7 2014 17,393 108.8 2015 18,037 110.0 2016 18,569 111.4 2011 2010 2011 2012 2013 2014...
Instructions: Enter your
responses rounded to the nearest billion.
a. Calculate real GDP for 2016 using 2000 prices.
$ billion
b. By how much did real GDP increase between 2000 and 2016?
$ billion
c. By how much did nominal GDP increase between 2000 and
2016?
$ billion
Refer to the data below (all values are in billions): Year Nominal GDP GDP Deflator (in Billions of Dollars) (Price Index 2009 100) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009...
7) Using the CPI data from above, calculate the Inflation Rate for the year 2011, using the data for 2010 and 2011 where P CPI: Inflation Rate = -1 Year Nominal GDP GDP chain index (2012 = 100) Population CPI (1982- 84 1000 211445 2007 1465 billion 2008 15145595 hillon 2009 5 14,623 billion 2010 S1140 billion 2011 S 15.796.5 Billion 20129 Non 2013 S ON. I on 2014 IS19 Non 2015 ISO on 2016 S hillon 2017 19 ORO...
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