Product sales since 2001 are: The least squares trend equation is given as:
Ŷ = 100 + 28t, where t is set equal to 1 for 2001.
On average, how much did sales change per year from 2001 to 2009?

Question

Product sales since 2001 are:  The least squares trend equation is given as:
Ŷ = 100 + 28t, where t is set equal to 1 for 2001.
On average, how much did sales change per year from 2001 to 2009?

Quizplus · Accepted Answer

The Answer of Product sales since 2001 are:  The least squares trend equation is given as:
Ŷ = 100 + 28t, where t is set equal to 1 for 2001.
On average, how much did sales change per year from 2001 to 2009?

Product Sales Since 2001 Are: the Least Squares Trend