Question

Smallville’s town council has records of the town’s budget over a 10-year period. Create a best fit and model for the data. What does the model predict the town’s budget will be in the year 2011?

Answer 1

small town budget
year }2000}2001}2002}2003}2004
budget}2651}277.5}288.9}303.0}311.3}

year{2005}2006}2007}2008}2009
budget{320.4}334.5}351.2}358.2}381.7}