Calculate a linear trend equation for the following data


Calculate a linear trend equation for the following data and estimate for period 2014. Is the slope statistically significant? How do you know?

Time Y-Value

2008, 21,

2009, 23,

2010, 24,

2011, 25,

2012, 27,

2013, 27

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Operation Management: Calculate a linear trend equation for the following data
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