The following data are the monthly profit margins, in dollars per gallon, for an ethanol marketer from

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The following data are the monthly profit margins, in dollars per gallon, for an ethanol marketer from January 2005 through December 2006.

0.5, 0.7, 0.8, 1.0, 1.0, 0.9, 1.1, 1.4, 1.5, 1.4, 0.7, 0.8, 0.8, 0.7, 1.1, 1.5, 1.7, 1.5, 1.6, 1.9, 2.1, 2.4, 2.6, 1.4

Construct a forecasting model for these data and forecast the profit margin for January 2007.

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The following data are the monthly profit margins, in dollars per gallon, for an ethanol marketer from

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Regression Analysis profit versus t jan The regression equation is profit ...View the full answer

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