Derive a trend equation using least-squares regression


Problem:

The following gives the number of accidents that occurred on Florida State Highway 101 during the past 4 months:

MONTH   NUMBER OF ACCIDENTS

January      30

February    40

March       60

April         90

Required:

Forecast the number of accidents that will occur in May, using least-squares regression to derive a trend equation
Solve the problem and show all work.

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