# Question: Refer to the following diagram a Estimate the

Refer to the following diagram.

a. Estimate the linear trend equation for the production series by drawing a straight line through the data.

b. What is the average annual decrease in production?

c. Based on the trend equation, what is the forecast for the year2019?

a. Estimate the linear trend equation for the production series by drawing a straight line through the data.

b. What is the average annual decrease in production?

c. Based on the trend equation, what is the forecast for the year2019?

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