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    Least squares equation

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    3. Listed below are the net sales for Schering-Plough Corporation (a pharmaceutical company) and its subsidiaries for the six years from 1997 to 2002. The net sales are in millions of dollars.

    1997 $6714
    1998 $7991
    1999 $9075
    2000 $9775
    2001 $9762
    2002 $10,180

    Determine the least squares equation. According to this information, what are the estimated sales for 2005?

    © BrainMass Inc. brainmass.com June 3, 2020, 8:57 pm ad1c9bdddf
    https://brainmass.com/statistics/regression-analysis/least-squares-equation-159782

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    $2.19

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