[Solved] (a) Plot the voter participation rate. (b) Describe the trend (if any) and discuss possible causes. (c) Fit both a linear and an exponential trend
Question: (a) Plot the voter participation rate. (b) Describe the trend (if any) and discuss possible causes. (c) Fit both a linear and an exponential trend to the data. (d) Which model is preferred? Why? (e) Make a forecast for 2004. using a trend model of your choice (or a judgment forecast). (f) Check the Web for the actual 2004 voter participation rate. How close was your forecast? Note: Time is in 4-year increments. so use t = 19 for the 2004 forecast.
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