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A Paso Robles Wine Producer Wanted to Forecast the Cases

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A Paso Robles wine producer wanted to forecast the cases of Merlot wine sold.The number of cases of merlot wine sold in a 28-year period was collected.Which of the following would be the most appropriate analysis to perform?


Definitions:

Inequality

A mathematical statement illustrating the relationship between two expressions that are not equal, using symbols such as <, >, ≤, or ≥.

Absolute Value

The distance of a number from zero on the number line, regardless of direction; denoted by |x|.

Equation

A mathematical declaration that affirms two expressions, usually containing variables, are equal.

Inequality

A mathematical statement that indicates the relationship of less than, greater than, less than or equal to, or greater than or equal to between two values.

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