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In the example, the trend line equation is y = 919.62 + 5.8703 x . Using this trend line equation, compute the forecasts for March
In the example, the trend line equation is y = 919.62 + 5.8703x. Using this trend line equation, compute the forecasts for March and April 2014. Use four decimal places in your calculations. Do not round the values to nearest whole numbers.
(a) What is the predicted number of transactions in March 2014?
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