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    Least Squares Trend in Annual Glass Production

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    The following table lists the annual amounts of glass cullet produced by Kimble Glass Works, Inc.

    Year Code Scrap (tons)
    1999 1 2.0
    2000 2 4.0
    2001 3 3.0
    2002 4 5.0
    2003 5 6.0

    Determine the least squares trend equation. Estimate the amount of scrap for the year 2005.

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    Solution Summary

    Solution attaches an Excel spreadsheet and Word document carrying the explained least squares trends of some given glass production data.