Question: 3. (18 pts) Develop a linear trend equation for the data on bread deliveries shown below. Forecast deliveries for period 2020. Period Year Deliveries (dozens)
3. (18 pts) Develop a linear trend equation for the data on bread deliveries shown below. Forecast deliveries for period 2020.
|
|
Period |
| Year | Deliveries (dozens) |
| |||
|
| 1 |
| 2011 | 17 |
| |||
|
| 2 |
| 2012 | 16 |
| |||
|
| 3 |
| 2013 | 16 |
| |||
|
| 4 |
| 2014 | 21 |
| |||
|
| 5 |
| 2015 | 20 |
| |||
|
| 6 |
| 2016 | 20 |
| |||
|
| 7 |
| 2017 | 23 |
| |||
|
| 8 |
| 2018 | 25 |
| |||
|
| 9 |
| 2019 | 24 |
| |||
|
|
|
|
|
|
| |||
| t | y | t2 | t*y | |||||
|
|
|
|
| |||||
|
|
|
|
| |||||
|
|
|
|
| |||||
|
|
|
|
| |||||
|
|
|
|
| |||||
|
|
|
|
| |||||
|
|
|
|
| |||||
|
|
|
|
| |||||
|
|
|
|
| |||||
| t= | y= | t2= | ty= | |||||
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
