Solve the following system of simultaneous equations: 6x1 + 4x2 = 40 2x1 + 3x2 = 20
Question: Consider the following annual sales data for 1996 – 2003, use the linear regression method and determine the estimated sales equation.
Year Sales
1996 21997 4
1998 10
1999 8
2000 14
2001 18
2002 17
2003 20
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Solution: The answer consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
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