The sales by Walkers Milk and Dairy Products in millions of dollars for the period from 2007
Question:
The sales by Walker’s Milk and Dairy Products in millions of dollars for the period from 2007 to 2013 are reported in the following table.
Determine the least squares regression trend equation. Estimate the sales for2015.
Transcribed Image Text:
Year Code Sales ($ millions)Year Code Sales (S millions) 2007 1 2008 2 20093 2010 4 17.5 19.0 21.0 22.7 2011 5 2012 6 20137 24.5 26.7 27.3 2
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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