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If the Least Squares Equation for Sales Data Going from 2004

Question 77

Multiple Choice

If the least squares equation for sales data going from 2004 to 2008 is If the least squares equation for sales data going from 2004 to 2008 is = 10 + 1.3t (in million $) ,what is the value of t and the forecast for 2010? A) t = 6, = 17.8 B) t = 0, = 10.0 C) t = 7, = 19.1 D) t = 6, = 0.0 = 10 + 1.3t (in million $) ,what is the value of t and the forecast for 2010?


A) t = 6, If the least squares equation for sales data going from 2004 to 2008 is = 10 + 1.3t (in million $) ,what is the value of t and the forecast for 2010? A) t = 6, = 17.8 B) t = 0, = 10.0 C) t = 7, = 19.1 D) t = 6, = 0.0 = 17.8
B) t = 0, If the least squares equation for sales data going from 2004 to 2008 is = 10 + 1.3t (in million $) ,what is the value of t and the forecast for 2010? A) t = 6, = 17.8 B) t = 0, = 10.0 C) t = 7, = 19.1 D) t = 6, = 0.0 = 10.0
C) t = 7, If the least squares equation for sales data going from 2004 to 2008 is = 10 + 1.3t (in million $) ,what is the value of t and the forecast for 2010? A) t = 6, = 17.8 B) t = 0, = 10.0 C) t = 7, = 19.1 D) t = 6, = 0.0 = 19.1
D) t = 6, If the least squares equation for sales data going from 2004 to 2008 is = 10 + 1.3t (in million $) ,what is the value of t and the forecast for 2010? A) t = 6, = 17.8 B) t = 0, = 10.0 C) t = 7, = 19.1 D) t = 6, = 0.0 = 0.0

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