Sales of a particular product for the years 2017 through 2020 have been 47,505, 53,010, 49,385 and 81,933 respectively. What sales would you forecast for 2021 using the simple regression (least squares) method?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
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Sales of a particular product for the years 2017 through 2020 have been 47,505, 53,010, 49,385 and 81,933 respectively. What sales would you forecast for 2021 using the simple regression (least squares) method?
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