Fit a linear trend equation to the following data describing the number of active U.S. Army personnel

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Fit a linear trend equation to the following data describing the number of active U.S. Army personnel from 2001 through 2007. What is the trend estimate for 2015?

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Introduction To Business Statistics

ISBN: 9781111524081

7th Edition

Authors: Ronald M. Weiers

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Question Posted: Sep 08, 2015 07:51 AM

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Fit a linear trend equation to the following data describing the number of active U.S. Army personnel

Question:

Year 2001 2002 2003 2004 2005 2006 2007 Army Personnel (thousands) 481 487 499 500 493 505 522

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With x 1 for 2001 the linear trend equation is Army 47629 54643x For 2015 ...View the full answer

Introduction To Business Statistics

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