Determine the equation of the trend line through the following cost data. Use the equation of the

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Determine the equation of the trend line through the following cost data. Use the equation of the line to forecast cost for year 7.
Year ... Cost ($ millions)
1 ..... 56
2 ..... 54
3 ..... 49
4 ..... 46
5 ..... 45

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Business Statistics For Contemporary Decision Making

ISBN: 978-1118749647

8th edition

Authors: Black Ken

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Question Posted: Feb 19, 2015 09:19 AM

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Determine the equation of the trend line through the following cost data. Use the equation of the

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Year Cost 1 56 2 54 3 49 4 46 ...View the full answer

Business Statistics For Contemporary Decision Making

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