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Determine the equation of the trend line for the data shown below on Canadian balance of payments for exports of wheat over a five- year period provided by Statistics Canada. Using the trend line equation, forecast the value for the year 2021. Export-Balance of Payments (Unadjusted)–Wheat ($ millions) Year 2015 646.4 2016 546.4 2017 570.0 2018 592.4 2019 831.2 (Do not rou the intermediate values. Round your answers to 2 decimal places, e.g. 1.75.) ŷ = + ŷ (2022) = ($millions)

Determine the equation of the trend line for the data shown below on Canadian balance of payments for exports of wheat over a five- year period provided by Statistics Canada. Using the trend line equation, forecast the value for the year 2021. Export-Balance of Payments (Unadjusted)–Wheat ($ millions) Year 2015 646.4 2016 546.4 2017 570.0 2018 592.4 2019 831.2 (Do not rou the intermediate values. Round your answers to 2 decimal places, e.g. 1.75.) ŷ = + ŷ (2022) = ($millions)

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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Determine the equation of the trend line for the data shown below on Canadian balance of payments for exports of wheat over a five- year period provided by Statistics Canada. Using the trend line equation, forecast the value for the year 2021. Export-Balance of Payments (Unadjusted)–Wheat ($ millions) Year 2015 646.4 2016 546.4 2017 570.0 2018 592.4 2019 831.2 (Do not round the intermediate values. Round your answers to 2 decimal places, e.g. 1.75.) + ŷ (2022) = ($millions)
Transcribed Image Text:Determine the equation of the trend line for the data shown below on Canadian balance of payments for exports of wheat over a five- year period provided by Statistics Canada. Using the trend line equation, forecast the value for the year 2021. Export-Balance of Payments (Unadjusted)–Wheat ($ millions) Year 2015 646.4 2016 546.4 2017 570.0 2018 592.4 2019 831.2 (Do not round the intermediate values. Round your answers to 2 decimal places, e.g. 1.75.) + ŷ (2022) = ($millions)
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