Question: Use the sales data given below to determine: (a) the least squares trend line, and (b) the predicted value for 2008 sales. Year Sales Year

Use the sales data given below to determine: (a) the least squares trend line, and (b) the predicted value for 2008 sales. Year Sales

Year

Sales (Units)

2001

100

2002

110

2003

122

2004

130

2005

139

2006

152

2007

164

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