Question: ) Develop a trend line equation for the demand for the following data: (use regression) Year Demand for iPods (in thousands) 1 10 2 12
) Develop a trend line equation for the demand for the following data:
(use regression)
Year Demand for iPods (in thousands)
1 10
2 12
3 9
4 10
5 12
6 13
7 13
8 14
9 13
10 15
11 13
3(b) (2 points) Use the trend line equation to project the demand for Year 12.
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