Question
A company's sales in the period 2000 to 2011 along with the national income of the country, where the business is set up are as
A company's sales in the period 2000 to 2011 along with the national income of the country, where the business is set up are as below:
2000 - 305, 470
2001 - 316, 485
2002 - 358, 499
2003 - 350, 515
2004 - 375, 532
2005 - 392, 532
2006 - 400, 556
2007 - 398, 576
2008 - 430, 583
2009 - 456, 587
2010 - 578, 601
2011 - 498, 605
Use the data to develop an estimated regression equation that could be used to estimate the company's sales based on the national income. What is the estimated regression model?
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Technical Analysis The Complete Resource for Financial Market Technicians
Authors: Charles D. Kirkpatrick, Julie R. Dahlquist
1st edition
134137043, 134137049, 978-0131531130
