1.Use the least square method to develop a linear trend equation for the data from illustration 1. State the equation and forecast a trend value for year 16. Year Y shipments (tons) 1 2 2 10 8 6 7. 12 14 14 10 18 11 18
1.Use the least square method to develop a linear trend equation for the data from illustration 1. State the equation and forecast a trend value for year 16. Year Y shipments (tons) 1 2 2 10 8 6 7. 12 14 14 10 18 11 18
Chapter4: Linear Functions
Section: Chapter Questions
Problem 8PT: Does Table 1 represent a linear function? If so, finda linear equation that models the data.
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