Sales over the past 10 years are shown below. Using the method of least squares, calculate the values of a and b to complete this regression equation. Year Sales 1 1,000 2 1,770 3 1,950 4 1,750 5 1,880 6 1,360 7 1,130 8 1,800 9 1,010 10 1,900 (Indicate a negative answer using a "-" sign. Do not round intermediate calculations and round your answer to 3 decimal places.) Sales=Answer + Answer x What is your forecast for next year's sales? (Do not round intermediate calculations and round your answer to 2 decimal places.) Sales=Answer
Sales over the past 10 years are shown below. Using the method of least squares, calculate the values of a and b to complete this regression equation. Year Sales 1 1,000 2 1,770 3 1,950 4 1,750 5 1,880 6 1,360 7 1,130 8 1,800 9 1,010 10 1,900 (Indicate a negative answer using a "-" sign. Do not round intermediate calculations and round your answer to 3 decimal places.) Sales=Answer + Answer x What is your forecast for next year's sales? (Do not round intermediate calculations and round your answer to 2 decimal places.) Sales=Answer
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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Sales over the past 10 years are shown below. Using the method of least squares, calculate the values of a and b to complete this regression equation. Year Sales 1 1,000 2 1,770 3 1,950 4 1,750 5 1,880 6 1,360 7 1,130 8 1,800 9 1,010 10 1,900 (Indicate a negative answer using a "-" sign. Do not round intermediate calculations and round your answer to 3 decimal places.) Sales=Answer + Answer x What is your forecast for next year's sales? (Do not round intermediate calculations and round your answer to 2 decimal places.) Sales=Answer
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