Nike wants you to forecast demand for 2010 by using the simple linear regression method and also draw a graph
Nike wants you to forecast demand for 2010 by using the simple linear regression method and also draw a graph
Chapter3: Polynomial Functions
Section: Chapter Questions
Problem 18T
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Question
The demand for electric power supplied by Eskom over the period 2003 to 2009 is shown in the table below in megawatts. Nike wants you to forecast demand for 2010 by using the simple linear regression method and also draw a graph
| Year | Time | Demand |
| 2003 | 1 | 74 |
| 2004 | 2 | 79 |
| 2005 | 3 | 80 |
| 2006 | 4 | 90 |
| 2007 | 5 | 105 |
| 2008 | 6 | 142 |
| 2009 | 7 | 122 |
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