Use This Information to Answer the Following Questions -Refer to the Table Above

question 2

Essay

Use this information to answer the following questions.
The following data,provided by the U.S.Bureau of Citizenship and Immigration Services,represent the number of immigrants admitted to the United States,in thousands,from 1990-2001.
$$\begin{array} { | c | c | } \hline \text { Year } & \begin{array} { c } \text { No. of Immigrants } \\\text { (in 000s) }\end{array} \\\hline 1990 & 1536 \\\hline 1991 & 1827 \\\hline 1992 & 974 \\\hline 1993 & 904 \\\hline 1994 & 804 \\\hline 1995 & 720 \\\hline 1996 & 916 \\\hline 1997 & 798 \\\hline 1998 & 654 \\\hline 1999 & 647 \\\hline 2000 & 850 \\\hline 2001 & 1064 \\\hline\end{array}$$
-Refer to the table above.
a.What is the linear trend equation that best fits the data?
b.What is the forecast of the number of immigrants in 2002 using the linear trend equation?
c.What is the MAPE for this method?

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Definitions:

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue—the higher the number, the better the performance.

Total Assets

The aggregate of all resources owned by a company, valued in monetary terms, including both current and non-current assets.

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, offering insight into the income generated from an investment in the stock.

Common Dividends

Payments made by a corporation to its common shareholders from its after-tax profits.