The following are the annual profit in thousands in a.certain business. 2002 2004 2005 2003 75 OF it a straight line trend by the method of least square and tabulate the trend values Year 2001 2006 2007 85 -97 Profit (000 60 72 65 80 and short term fluctuation. e What is the monthly incrèase in profit? O Estimate profit for 2014.

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The following are the annual profit in thousands in a.certain business.
2004
2005
2002
72
2006
2001
60
2003
75
2007
-97
Year
Profit (000
OF it a straight line trend by the method of least square and tabulate the trend values
and short term fluctuation.
e What is the monthly incrèase in profit?
O Estimate profit for 2014.
65
80
85
Transcribed Image Text:The following are the annual profit in thousands in a.certain business. 2004 2005 2002 72 2006 2001 60 2003 75 2007 -97 Year Profit (000 OF it a straight line trend by the method of least square and tabulate the trend values and short term fluctuation. e What is the monthly incrèase in profit? O Estimate profit for 2014. 65 80 85
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