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Product Sales Since 2001 Are: the Least Squares Trend

Question 121

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Product sales since 2001 are: Product sales since 2001 are:   The least squares trend equation is given as: Ŷ = 100 + 28t, where t is set equal to 1 for 2001. What were the predicted sales for 2009? The least squares trend equation is given as:
Ŷ = 100 + 28t, where t is set equal to 1 for 2001.
What were the predicted sales for 2009?

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Explanation: With t = 9 (c...

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