The following time series data represent the yearly amounts

The following time series data represent the yearly amounts spent on advertising (in millions of dollars) by a large toy company:

9.1,

11.6,

12.1,

12.0,

14.0,

14.1,

14.6,

14.1,

15.7,

15.2

T(t) = 9.85+0.62t

For 2015 as from the above chart, t = 23

T(23) = 9.85+0.62(23) = $24.11 million

year	t	T
1993	1	10.47
1994	2	11.09
1995	3	11.71
1996	4	12.33
1997	5	12.95
1998	6	13.57
1999	7	14.19
2000	8	14.81
2001	9	15.43
2002	10	16.05
2003	11	16.67
2004	12	17.29
2005	13	17.91
2006	14	18.53
2007	15	19.15
2008	16	19.77
2009	17	20.39
2010	18	21.01
2011	19	21.63
2012	20	22.25
2013	21	22.87
2014	22	23.49
2015	23	24.11

The following time series data represent the yearly amounts spent on advertising (in millions of dollars) by a large toy company: 9.1, 11.6, 12.1, 12.0, 14.0, 1

Tutor

Dr Jack

Tutor: Dr Jack

Most rated tutor on our site