The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data: $$\begin{array} { l l }
\text { Year } & \text { Enrollment } \
\hline \text { Four years ago } & 2000 \
\text { Three years ago } & 2200 \
\text { Two years ago } & 2800 \
\text { Last year } & 3000
\end{array}$$ What is the annual rate of change (slope) of the least squares trend line for these data?
A) 0
B) 200
C) 400
D) 180
E) 360

Question

The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data: $$\begin{array} { l l } 
\text { Year } & \text { Enrollment } \
\hline \text { Four years ago } & 2000 \
\text { Three years ago } & 2200 \
\text { Two years ago } & 2800 \
\text { Last year } & 3000
\end{array}$$ What is the annual rate of change (slope) of the least squares trend line for these data?
A) 0
B) 200
C) 400
D) 180
E) 360

Quizplus · Accepted Answer

The Answer of The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data: $$\begin{array} { l l } 
\text { Year } & \text { Enrollment } \
\hline \text { Four years ago } & 2000 \
\text { Three years ago } & 2200 \
\text { Two years ago } & 2800 \
\text { Last year } & 3000
\end{array}$$ What is the annual rate of change (slope) of the least squares trend line for these data?
A) 0
B) 200
C) 400
D) 180
E) 360

The Dean of a School of Business Is Forecasting Total