Question: . Q22 the sales data given below to determine: (a) the least squares trend line, and ) the predicted value for 2003 sales. Year Sales

. Q22 the sales data given below to determine:

Q22 the sales data given below to determine: (a) the least squares trend line, and ) the predicted value for 2003 sales. Year Sales (Units) 1996 100 1997 110 1998 122 1999 130 2000 | 139 2001|152 2002 164 To minimize computations, transform the value of x (time) to simpler numbers. In this case, designate year 1996 as year 1, 1997 as year 2, etc. 22 Use (b

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