Posted by deedra on Thursday, January 8, 2009 at 3:43pm.
They are all correct except #3
For #4 and #5 it is very simple to try your answer in both equations.
Why did you not do that?
for #3, you should define t as the number of years since 1993
I got a "slope" of (64.7-61.3)/6 = .566667
so E(t) = .566667t + 61.3
check for the second point
LS = 64.7
RS = .566667(6) + 61.3 = 64.7
then E(10) = .566667(10) + 61.3 = 66.966
or 67.0
You should have realized that your answer of 61.6 for 2003 could not be right, since it was less than the 1999 figure.
Thank you very much.
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