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Category > Business & Finance Posted 11 Sep 2017 My Price 8.00

OBM (Obsolete Business Machines) Inc. wants to forecast 2017

OBM (Obsolete Business Machines) Inc. wants to forecast 2017's demand for manual typewriters based on the following historical data:

 

YEAR

DEMAND (x1000)

2013

100

2014

80

2015

55

2016

40

 

What is OBM's forecast for 2017 using a linear trend equation?

 

Hint 1: Watch out for subtracting negatives.

Hint 2: Pay attention to units of analysis.

Hint 3: Take care with precision (rounding) in your calculations. In this kind of problem, rounding significantly affects the final answer.

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Status NEW Posted 11 Sep 2017 05:09 PM My Price 8.00

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