Question: Shown here are the labor force figures (in millions) published by the World Bank for the country of Bangladesh over a 10-year period. Year

Shown here are the labor force figures (in millions) published by the World Bank for the country of Bangladesh over a 10-year period. Year Labor Force (million) 2005 66.49 2006 67.83 2007 69.11 2008 70.37 2009 71.66 2010 73.01 2011 74.55 2012 76.04 2013 77.61 2014 78.62 Develop the equation of a trend line through these data and use the equation to predict the labor force of Bangladesh for the year 2017.
Step by Step Solution
3.28 Rating (151 Votes )
There are 3 Steps involved in it
To develop the equation of a trend line for the given data well use linear regression Heres how to d... View full answer
Get step-by-step solutions from verified subject matter experts
