GB 513 Unit 6 Assignment Final Project Colonial Broadcasting Case
7. 7 3,092.4 8. 8 3,356.8 9. 9 3,607.6 10. 10 3,749.3 11. 11 3,952.0 12. 12 3,949.0 13. 13 4,137.0 Question 3 The“ Economic Report to the President of the United States” included data on the amounts of manufacturers’ new and unfilled orders in millions of dollars. Shown here are the figures for new orders over a 21-year period. Use Excel to develop a regression model to fit the trend effects for these data. Use a linear model and then try a quadratic model. How well does either model fit the data? Year Total Number of New Orders 1. 1 55,022 2. 2 55,921 3. 3 64,1 82 4. 4 76,003 5. 5 87,327 6. 6 85,139 7. 8 115,109 9. 9 131,629 10. 10 147,604 11. 11 156,359 12. 12 168,025 13. 13 162,140 14. 14 175,451 15. 15 192,879 16. 16 195,706 17. 17 195,204 18. 18 209,389 19. 19 227,025 20. 20 240,758 21. 21 243,643
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GB 513 Unit 6 Assignment Final Project Colonial Broadcasting Case