Consider the data in this sheet on China Cellphone per loo people.

INSTRUCTIONS TO CANDIDATES

ANSWER ALL QUESTIONS

Consider the data in this sheet on China Cellphone per loo people. Using basic Excel

(NOT Forecast X software) b’ optimizing MSE:

A) Fit a Logistic model into these data assuming the constant L=97. Report the

estimated coefficients.

B) Fit a Gompertz model into the data assuming the constant L=.97. Report the

estimated coefficients.

C) Plot, in two separate graphs, the original data and your estimated (fitted) Logistic

and Gompertz modeld. Each graph should include the original and the fitted

model. d

 

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