The sales, billion of dollars, of Keller Overhead Door, Inc. for 1995 t o2000 are: Year t Sale
Question: The sales, billion of dollars, of Keller Overhead Door, Inc. for 1995 t o2000 are:
| Year | t | Sales, $ billion | |||||
| 1995 | 1 | 7.45 | |||||
| 1996 | 2 | 7.83 | |||||
| 1997 | 3 | 8.07 | |||||
| 1998 | 4 | 7.94 | |||||
| 1999 | 5 | 7.76 | |||||
| 2000 | 6 | 7.90 | |||||
a. Plot the data
a. Determine the least squares trend equation.
a. Use the trend equation to calculate the point for 1997 and 1999. Plot them on the graph and draw regression line.
a. Estimate the net sales for 2003.
a. By how much sales increased (or decreased) per year on the average during the period?
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Solution: The downloadable solution consists of 3 pages
Deliverable: Word Document
Deliverable: Word Document
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