The sales of XYZ company (in million pesos) for each year are shown in the table below. Year 2005 2006 2007 2008 2009 Sales 12 19 29 37 45 a) Find the linear equation that best fits the data. b) Use the linear equation as a model to estimate the sales of the XYZ company in 2012.

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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The sales of XYZ company (in million pesos) for each year are shown in the table below.
Year
2005
2006
2007
2008
2009
Sales
12
19
29
37
45
a) Find the linear equation that best fits the data.
b) Use the linear equation as a model to estimate the sales of the XYZ company in 2012.
Transcribed Image Text:The sales of XYZ company (in million pesos) for each year are shown in the table below. Year 2005 2006 2007 2008 2009 Sales 12 19 29 37 45 a) Find the linear equation that best fits the data. b) Use the linear equation as a model to estimate the sales of the XYZ company in 2012.
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