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The following are the net sales of Mike's Surf Shoppe from 2005 to 2014: Year Sales Year Sales Year Sales 2005 $56455 2009 $68472 2013

The following are the net sales of Mike's Surf Shoppe from 2005 to 2014: Year Sales Year Sales Year Sales 2005 $56455 2009 $68472 2013 $78807 2006 60030 2010 70179 2014 81853 2007 62348 2011 72618 2008 64309 2012 75142 a. Not available in Connect. b. Determine the least squares trend equation. Use a linear equation. (Do not round interm answers to 4 decimal places.) Y'= 27310606 + 53996.4666 c. Calculate the points for the years 2007 and 2012. (Do not round intermediate calculation places.) For 2007, Y'= 62193.6848 For 2012, Y'- 75848.9515 d-1. Estimate the sales for 2020. (Do not round intermediate calculations, and round fina For 2020, Y'= 97697.4364 d-2. Does this seem like a reasonable estimate based on the historical data? Yes

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