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)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 3CYU
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