LT manufactures smartphone components, which are dependent on the global demand for smartphones. Following are the yearly
Question:
LT manufactures smartphone components, which are dependent on the global demand for smartphones. Following are the yearly global sales (in million units) for the past 8 years.
Develop a linear trend line model to forecast smartphone sales for years 9, 10, and 11.
Transcribed Image Text:
Year 1 2 3 4 5 6 7 8 Sales 140 173 305 495 730 1,030 1,300 1,430
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Answer Answer a the trend line equations is y 20327x 21436 Exp...View the full answer
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