The sales particular of a company for 13 years of operation is furnished below. Year 1 2
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The sales particular of a company for 13 years of operation is furnished below.
Year 1 2 3 4 5 6 7 8 9 10 11 12 13 Lumber Sales 96 116 119 127 146 145 153 158 160 165 177 190 205
(a) Fit a simple regression for the above data.
(b) Forecast the sales for the 14th year of operation.
AppendixLO1
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