please be sure to properly round the answers, thank you 5.00 points It appears t

Question

please be sure to properly round the answers, thank you

5.00 points It appears that the imports of carbon black have been increasing by about 10% annually Imports of Carbon Black mpor of Carbon Black ear 2006 2007 2008 2009 (thousands of tons)Year(thousands of tons) 2010 2011 2012 2013 133 145 164 188 93 104 126 a. Determine the logarithmic trend equation (Round your answers to 4 decimal places.) t, where 2006 is coded 1 b. By what percent did imports increase, on the average, during the period? (Round your answer to 2 decimal places.) Imports increased, on average percent c. Estimate imports for the year 2016 (Round your answer to 2 decimal places.) The antlog of y Type here to search

Explanation / Answer

we willuse Minitab software for this problem

The regression equation is
y = 77.179 + 12.5714t

there is 112.6% increment of the imports

2016 is equivalent to 11 , so putting t=11 we get y=215.46

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