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7. Freight car loadings over a 12-year period at a busy port are as follows: Week Number Week Number Week Number 1 220 7 350 13 460 2 245 8 360 14 475 3 280 9 400 15 500 4 275 10 380 16 510 5 300 11 420 17 525 6 310 12 450 18 541 a. Determine a linear trend line for expected freight car loadings. b. Use the trend equation to predict expected loadings for weeks 20 and 21. c. The manager intends to install new equipment when the volume exceeds 800 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately what week?

7. Freight car loadings over a 12-year period at a busy port are as follows: Week Number Week Number Week Number 1 220 7 350 13 460 2 245 8 360 14 475 3 280 9 400 15 500 4 275 10 380 16 510 5 300 11 420 17 525 6 310 12 450 18 541 a. Determine a linear trend line for expected freight car loadings. b. Use the trend equation to predict expected loadings for weeks 20 and 21. c. The manager intends to install new equipment when the volume exceeds 800 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately what week?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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7. Freight car loadings over a 12-year period at a busy port are as follows: Week Number Week Number Week Number 1 220 7 350 13 460 2 245 8 360 14 475 3 280 9 400 15 500 4 275 10 380 16 510 5 300 11 420 17 525 310 12 450 18 541 a. Determine a linear trend line for expected freight car loadings. b. Use the trend equation to predict expected loadings for weeks 20 and 21. c. The manager intends to install new equipment when the volume exceeds 800 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately what week?
Transcribed Image Text:7. Freight car loadings over a 12-year period at a busy port are as follows: Week Number Week Number Week Number 1 220 7 350 13 460 2 245 8 360 14 475 3 280 9 400 15 500 4 275 10 380 16 510 5 300 11 420 17 525 310 12 450 18 541 a. Determine a linear trend line for expected freight car loadings. b. Use the trend equation to predict expected loadings for weeks 20 and 21. c. The manager intends to install new equipment when the volume exceeds 800 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately what week?
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