Determine the equation of the trend line for the data shown below provided by the U.S. Census

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Determine the equation of the trend line for the data shown below provided by the U.S. Census Bureau on U.S. exports of fertilizers to Indonesia over a five-year period. Using the trend line equation, forecast the value for the year 2020.

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Business Statistics For Contemporary Decision Making

ISBN: 9781119607458

10th Edition

Authors: Ken Black

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Question Posted: Aug 21, 2023 03:09 AM

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Determine the equation of the trend line for the data shown below provided by the U.S. Census

Question:

Year Fertilizer ($ millions) 2013 51.5 2014 52.2 2015 2016 2017 72.0 61.1 65.0

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Year 2013 2014 2015 2016 2017 Ex 10075 2 20301135 b...View the full answer

Business Statistics For Contemporary Decision Making

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