The linear trend forecasting equation for an annual time series containing 36 values (from 1971 to 2006) on net sales (in billions of dollars) is shown below. Complete (a) through (e) below.

Y₁= 2.3 + 1.7X₁

Note: the x values start at 0 at the beginning, so year 4 would be X3.

1. What is the fitted trend value for the sixth year?

$______ Billion (Simplify your answer)

2.What is the fitted trend value for the most recent year?

$______ Billion (Simplify your answer)