Based on previous statistics, the dean of a business school forecasts total student attendance for this year's summer session classes: Year Enrollment Four years ago 2000 Three years ago 2200 Two years ago 2800 Last year 3000 What is the annual rate of change (slope) of the least squares trend line for these d
Based on previous statistics, the dean of a business school forecasts total student attendance for this year's summer session classes: Year Enrollment Four years ago 2000 Three years ago 2200 Two years ago 2800 Last year 3000 What is the annual rate of change (slope) of the least squares trend line for these d
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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Based on previous statistics, the dean of a business school forecasts total student attendance for this year's summer session classes:
Year |
Enrollment |
Four years ago |
2000 |
Three years ago |
2200 |
Two years ago |
2800 |
Last year |
3000 |
What is the annual rate of change (slope) of the least squares trend line for these data?
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