Mathematics, 15.04.2020 04:17, kelebsessoms89

The yearly sales (in millions of dollars) of an automobile manufacturing company during the period 2000 to 2011 are given below. Year Sales ($millions) y 2000 470 2001 485 2002 499 2003 515 2004 532 2005 532 2006 556 2007 576 2008 583 2009 587 2010 601 2011 605 b. Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series. c. What is the sales forecast (in millions of dollars) for the year 2012?

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The yearly sales (in millions of dollars) of an automobile manufacturing company during the period 2...