A companys annual sales (in units of 1 billion dollars) for its first 5 years of operation
Question:
A company’s annual sales (in units of 1 billion dollars) for its first 5 years of operation are shown in this table:
a. Plot these data on a graph.
b. Find the equation of the least-squares line.
c. Use the least-squares line to predict the company’s sixth-year sales.
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Step by Step Answer:
a b The points are 1 09 2 15 3 19 4 ...View the full answer
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Related Book For 
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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