In: Statistics and Probability
Question 10
The data set below contains total Medicare enrollment data for the state of California for the years 2013 - 2017. Estimate a linear trend regression model and forecast Medicare enrollment in California for the year 2020.
Year | Enrollment |
2013 | 5,300,177 |
2014 | 5,481,592 |
2015 | 5,653,896 |
2016 | 5,814,275 |
2017 | 5,965,489 |
Please round intermediate results to one decimal and your final answer to the closest integer.
(To facilitate grading, please enter only the number without commas separating thousands and millions. For example, if your final answer is 1 million, enter 1000000.)