Use the data given below to answer the following question(s) .
The table below shows the industrial lathe sales from the years 2000-2005.The forecaster uses the regression method to determine the forecast for the future.
-For the data given above,calculate the forecast value for the year 2006.
A) approximately 5,699 units
B) approximately 5,322 units
C) approximately 4,945 units
D) approximately 6,453 units
Correct Answer:
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