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 (Units)

  1. Use the sales data given below to determine: (a) the least squares trend line, and (b) the predicted value for 2008 sales.
Year Sales (Units)
2001 100
2002 110
2003 122
2004 130
2005 139
2006 152
2007 164

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