Fit a linear trend equation to the following data describing the number of active U.S. military personnel

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Fit a linear trend equation to the following data describing the number of active U.S. military personnel from 1994 through 2000. What is the trend estimate for 2010?

Military Personnel

Year (millions)

1994………………………………. 1.61

1995………………………………. 1.52

1996………………………………. 1.47

1997………………………………. 1.44

1998………………………………. 1.41

1999………………………………. 1.38

2000………………………………. 1.37

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Introduction To Business Statistics

ISBN: 9780324381436

6th Edition

Authors: Ronald M. Weiers

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Question Posted: Jun 09, 2018 05:42 AM

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Fit a linear trend equation to the following data describing the number of active U.S. military personnel

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With x 1 for 1994 the linear trend equation is Military 16...View the full answer

Introduction To Business Statistics

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