Least-squares regression to derive a trend equation


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

Forecast the number of accidents that will occur in May, using Least-squares regression to derive a trend equation.

Solution Preview :

Prepared by a verified Expert
Operation Research: Least-squares regression to derive a trend equation
Reference No:- TGS02012158

Now Priced at $20 (50% Discount)

Recommended (96%)

Rated (4.8/5)