hudson Marine has been an authorized dealer for c&d marine radios for the past sevenyears. the following table reports the number of radios sold each year.Year 1 2 3 4 5 6 7Number Sold 35 50 75 90 105 110 130a. construct a time series plot. does a linear trend appear to be present?b. Using Minitab or excel, develop a linear trend equation for this time series.c. Use the linear trend equation developed in part (b) to develop a forecast for annualsales in year 8.
hudson Marine has been an authorized dealer for c&d marine radios for the past sevenyears. the following table reports the number of radios sold each year.Year 1 2 3 4 5 6 7Number Sold 35 50 75 90 105 110 130a. construct a time series plot. does a linear trend appear to be present?b. Using Minitab or excel, develop a linear trend equation for this time series.c. Use the linear trend equation developed in part (b) to develop a forecast for annualsales in year 8.
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 22SE: The U.S. Census tracks the percentage of persons 25 years or older who are college graduates. That...
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hudson Marine has been an authorized dealer for c&d marine radios for the past seven
years. the following table reports the number of radios sold each year.
Year 1 2 3 4 5 6 7
Number Sold 35 50 75 90 105 110 130
a. construct a time series plot. does a linear trend appear to be present?
b. Using Minitab or excel, develop a linear trend equation for this time series.
c. Use the linear trend equation developed in part (b) to develop a forecast for annual
sales in year 8.
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