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.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.6: Permutations
Problem 15E
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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.
YEARS
LABOR (person)
2011
21,820
24,111
2012
2013
26,420
41,393
2014
2015
51,413
2016
51,110
51,068
49,516
49,654
50,261
2017
2018
2019
2020
Transcribed Image Text:YEARS LABOR (person) 2011 21,820 24,111 2012 2013 26,420 41,393 2014 2015 51,413 2016 51,110 51,068 49,516 49,654 50,261 2017 2018 2019 2020
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