Despite the growth in digital entertainment, the nation's 400 amusement parks have managed to hold on to visitors. A man

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Despite the growth in digital entertainment, the nation's 400 amusement parks have managed to hold on to visitors. A man

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Despite The Growth In Digital Entertainment The Nation S 400 Amusement Parks Have Managed To Hold On To Visitors A Man 1
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Despite the growth in digital entertainment, the nation's 400 amusement parks have managed to hold on to visitors. A manager collects data on the number of visitors (in millions) to amusement parks in the United States. A portion of the data is shown in the accompanying table Year 2000 2001 visitors 360 322 2007 320 SOURCE International Association of Amusement Parks and Attractions Daicture Click here for the Excel Data File b-1. Estimate a linear trend model and an exponential trend model for the sample (Round your answers to 2 decimal places.) Linear Trend Variable Intercept Exponential Trend Standard Error b.2 Calculate the MSE for both trends innt

b-2 Calculate the MSE for both trends (Do not round estimates ot intermediate calculations. Round final answers to 2 decimal places.) Linear Trend Exponential Trend MSE b-3. By comparing MSE, which of the above methods perform better? Exponential trend Linear trend 01. Using the model of best fit, make a forecast for visitors to amusement parks in 2008. (Do not round estimates or intermediate calculations. Round your answer to 1 decimal place.) million visitors

-1. Using the model of best fit, make a forecast for visitors to amusement parks in 2008. (Do not round estimates or intermediate calculations. Round your answer to 1 decimal place.) milion in c-2. Using the model of best fit, make a forecast for visitors to amusement parks in 2009. (Do not round estimates or intermediate calculations. Round your answer to 1 decimal place.) million vihor

A B 1 Visitors 360 2 3 322 4 Year 2000 2001 2002 2003 2004 2005 324 5 6 315 315 308 313 8 2006 2007 320 10
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