Hudson Marine has been an authorized dealer for CD marine radios for the past seven years. The nu
Question: 21 Hudson Marine has been an authorized dealer for C&D marine radios for the past seven years. The number of radios sold each year is shown.
Year 1 2 3 4 5 6 7
# Sold 35 50 75 90 105 110 130
A. Graph this time series. Does a linear trend appear?
B. Develop the equation for the linear trend component for the time series.
C. Use the linear trend developed in part (b) to prepare a forecast for sales in year 8.
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See Answer: The downloadable solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
