(A) Fit the Appropriate Regression Model to the Data

question 95

Essay

(A) Fit the appropriate regression model to the data. Report the resulting equation and state explicitly what it says about the percentage growth per month.
(B) What is the MAPE for the forecast model in (A)? What does it measure? Considering its magnitudes, does the model seem to be doing a good job?

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Short-Term Changes

Alterations or variations that occur over a brief period of time, contrasting with long-term changes which unfold over longer periods.

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