Given monthly trend equation :Y= 10 + 2X(Origin = January 2012, Xunits = one month, Y units = monthly sales in million)Convert the monthly trend equation into annual trend equation. Also, compute trend value forthe year 2016.

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Answered: Given monthly trend equation : Y= 10 +…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.4: Scatter Plots And Line Of Fit

Problem 1CYU

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Given monthly trend equation : Y= 10 + 2X (Origin = January 2012, Xunits = one month, Y units = monthly sales in million) Convert the monthly trend equation into annual trend equation. Also, compute trend value for the year 2016.