The following gives the number of accidents that occurred on Florida State Highway 101 during the last 4 months: Month Number of Accidents Jan 30 Feb 48 Mar 60 Apr 90 C Using the least-squares regression method, the trend equation for forecasting is (round your responses to two decimal places): ŷ=+x

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Chapter2: Introduction To Spreadsheet Modeling
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The following data represents the number of accidents that occurred on Florida State Highway 101 over the last four months:

| Month | Number of Accidents |
|-------|---------------------|
| Jan   | 30                  |
| Feb   | 48                  |
| Mar   | 60                  |
| Apr   | 90                  |

Using the least-squares regression method, determine the trend equation for forecasting. Please round your responses to two decimal places.

The trend equation is given by:

\[ \hat{y} = \Box + \Box x \]

In the above formula, you need to fill in the calculated coefficients.
Transcribed Image Text:The following data represents the number of accidents that occurred on Florida State Highway 101 over the last four months: | Month | Number of Accidents | |-------|---------------------| | Jan | 30 | | Feb | 48 | | Mar | 60 | | Apr | 90 | Using the least-squares regression method, determine the trend equation for forecasting. Please round your responses to two decimal places. The trend equation is given by: \[ \hat{y} = \Box + \Box x \] In the above formula, you need to fill in the calculated coefficients.
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Follow-up Question
The following gives the number of accidents that occurred on Florida State Highway 101 during the last 4 months:
Month
Number of Accidents
Jan
30
Using least-squares regression, the forecast for the number of accidents that will occur in the month of May
Feb
48
Using the least-squares regression method, the trend equation for forecasting is (round your responses to two decimal places):
y = 9 + 19.20 x
=
Mar
60
Apr
90
accidents (enter your response as a whole number).
Transcribed Image Text:The following gives the number of accidents that occurred on Florida State Highway 101 during the last 4 months: Month Number of Accidents Jan 30 Using least-squares regression, the forecast for the number of accidents that will occur in the month of May Feb 48 Using the least-squares regression method, the trend equation for forecasting is (round your responses to two decimal places): y = 9 + 19.20 x = Mar 60 Apr 90 accidents (enter your response as a whole number).
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