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

Use the sales data given below to determine: (a) the least squares trend line, and (b) the predicted value for 2003 sales.

Year

Sales (Units)

1996

100

1997

110

1998

122

1999

130

2000

139

2001

152

2002

164

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