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The Sales Records of a Major Auto Manufacturer Over the Past

Question 42

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The sales records of a major auto manufacturer over the past 10 years are shown below.  Number of Cars Sold  Year (t) (in 1000s of Units) 11952200325042705320638074408460950010500\begin{array}{ll}& \text { Number of Cars Sold } \\\text { Year }(t) & \text { (in 1000s of Units) }\\1 & 195 \\2 & 200 \\3 & 250 \\4 & 270 \\5 & 320 \\6 & 380 \\7 & 440 \\8 & 460 \\9 & 500 \\10 & 500\end{array}
Develop a linear trend expression and project the sales (the number of cars sold) for time period t = 11.

Correct Answer:

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Tt = 136 + ...

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