Question: using the following data : methods 11 12 13 14 15 LCD SOLD (HUNDREDS) 90 80 70 75 60 Unemployment rare % 5.2 2.2 2.4
using the following data :
| methods | 11 | 12 | 13 | 14 | 15 |
| LCD SOLD (HUNDREDS) | 90 | 80 | 70 | 75 | 60 |
| Unemployment rare % | 5.2 | 2.2 | 2.4 | 4.5 | 3.7 |
as operations manager at artates you are the requester to forecasted the a LCD sales based on the data in the table. There is a relationship that unemployment rate will impact LCD sold.
- Determine the linear equation.
b. Determine the linear equation little minor forecast if unemployment rate is 6.9%
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