Use regression analysis to forecast the point at which Swanson needs to build-out the top two floors
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Question:
Use regression analysis to forecast the point at which Swanson needs to “build-out” the top two floors of the new building, namely when demand will exceed 16,000 births.
Year | Births |
1995 | 6,144 |
1996 | 6,230 |
1997 | 6,432 |
1998 | 6,950 |
1999 | 7,377 |
2000 | 8,655 |
2001 | 9,536 |
2002 | 9,825 |
2003 | 10,253 |
2004 | 10,555 |
2005 | 12,316 |
2006 | 13,070 |
2007 | 14,028 |
2008 | 14,241 |
2009 | 13,050 |
2010 | 12,571 |
2011 | 12,978 |
Related Book For
College Algebra Graphs and Models
ISBN: 978-0321845405
5th edition
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
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