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Fit a linear trend equation to the following data describing average hourly earnings of U.S. production workers. What is the trend estimate for 2010?

Year:

2001

2002

2003

2004

Shipments:

$14.53

$14.95

$15.35

$15.67

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92219438

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