The demand for the number of fresh chickens at Al-Baik Yanbu over the period 2019 to 2023
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Question:
The demand for the number of fresh chickens at Al-Baik Yanbu over the period 2019 to 2023 is shown below, in thousands. The firm wants to forecast 2024 demand by fitting a straight-line trend to these data. (Express every computed value in 2 decimal places)
Year | Fresh Chicken Demand |
2019 | 50 |
2020 | 40 |
2021 | 30 |
2022 | 50 |
2023 | 60 |
Show the computation of the following variables:
(1) Σx²
(2) xy
(3) Demand in 2024
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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