Motor Oil Sales
As part of an effort to forecast future sales,the monthly motor oil sales (in thousands of gallons)for the past 10 months are recorded.These data are shown below.
-The trend line = 0.75 + 0.005t was calculated from quarterly data for 2000-2004,where t = 1 for the first quarter of 2000.The trend value for the second quarter of the year 2005 is 0.86.
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