Question

Mop and Broom Manufacturing has tracked the number of units sold of their most popular mop over the past 24 months. This is shown.


(a) Develop a linear trend line for the data.
(b) Compute a correlation coefficient for the data and evaluate the strength of the linear relationship.
(c) Using the linear trend line equation, develop a forecast for the next period, month25.


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  • CreatedJuly 11, 2014
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