From the following data fit a trend line and determine the trend values b the method of semi average. Also forecast the trend value for the year 1999. Year: 1993 20 1996 30 1994 1995 1997 1998 Output (in '000 units) : 16 24 28 32

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
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(On even number of data)
From the following data fit a trend line and determine the trend values b
the method of semi average. Also forecast the trend value for the year 1999.
Year :
1993
1994
1995
1996
1997
1998
Output (in '000 units) :
20
16
24
30
28
32
Transcribed Image Text:(On even number of data) From the following data fit a trend line and determine the trend values b the method of semi average. Also forecast the trend value for the year 1999. Year : 1993 1994 1995 1996 1997 1998 Output (in '000 units) : 20 16 24 30 28 32
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