Question
Since 1995 the sales of cotton cloths, a small Cloth Factory, are as follows: Year Sales ($Million) 1995 7 2000 10 2005 9 2010 11
Year Sales ($Million)
1995 7
2000 10
2005 9
2010 11
2015 13
a) Determine the least squares trend line equation.
b) How much are sales increasing each 5 years?
c) What is the sales forecast for 2026?
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