The following is a monthly trend equation : Y. = 20 + 2X (Origin : Jan., 1992 ; X unit = One month ; Y unit = Monthly sales (in '000 $ ) Convert it into an annual trend equation.
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- Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use exponential regression to fit a model to these data. b. If spending continues at this rate, what will the graduate’s credit card debt be one year after graduating?Table 6 shows the year and the number ofpeople unemployed in a particular city for several years. Determine whether the trend appears linear. If so, and assuming the trend continues, in what year will the number of unemployed reach 5 people?The US. import of wine (in hectoliters) for several years is given in Table 5. Determine whether the trend appearslinear. Ifso, and assuming the trend continues, in what year will imports exceed 12,000 hectoliters?
- The average levels of particulate matter (PM2.5) a key cause of adverse health. Effects associated with air pollution have decreased in Toronto from 8.7 μg/m3 in 2014 to 7.0 in 2016. Assuming this trend continues as a linear relationship, what would we expect the levels of PM2.5 to be in the year 2022?how do i calculate the equation of the trendline?find the equation of the trend line
- The trendline is given for enrollment at a local college, with data from 1992-2011, where x is the year and y is the enrollment. Y= 178.09x -353194 Should we use this model to predict enrollment in 2025?What is a trend line that shows the most accurate relationship between x and y and is very close to most of the data pointsThe picture shows that the estimation of the model with quarterly car sales in the U.S. from 1975 to 1990. Based on the parameter estimates, what is the predicted effect of a 10% increase in price on the number of cars sold? What would be the effect of that price increase on the value of car sales?
- The table below is the number of employees owned by Islamic Commercial Banks (BUS) in 2011 – 2020 obtained from the publication of Sharia Banking Statistics for several years. From the data, answer the following question: Make a trend equation and determine the estimated number of workers in 2021. What can you explain from the trend equation.The following scatter plot represents population growth at a new school starting in 2021. (Graph is attached).Using the trendline, predict the population for the school in 2030.The population of a town was recorded every twenty years from 1900 to 2000. The results are shown in the line graph. Assuming that the trend in the population growth continues, which of the following is most likely to be the population of the town in the year 2020?