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<p>The following are the net sales of Mike's Surf Shoppe from 2005 to 2014: Year Sales Year Sales Year

Sales 2005 $56235 2009 $66196 2013 $78589 2006  60991 2010 70803 2014   81288 2007  62189 2011 72881     2008 63411 2012 74962                 a. Not available in Connect.                                         b. Determine the least squares trend equation. Use a linear equation. (Do not round intermediate calculations, and round final answers to 4 decimal places.)                            Y' = t +                                     c. Calculate the points for the years 2007 and 2012. (Do not round intermediate calculations, and round final answers to 4 decimal places.)                       For 2007, Y' = .   For 2012, Y' = .       d-1. Estimate the sales for 2015. (Do not round intermediate calculations, and round final answer to 4 decimal places.)                         For 2015, Y' = .    d-2. Does this seem like a reasonable estimate based on the historical data?   (Click to select)YesNo    e. By how much have sales increased or decreased (per year), on average, during the period? (Round the final answer to the nearest whole dollar.)   $ per year </p>

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b) y = 53903 + 2700.2727*x c) for 2007,... View the full answer

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