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The Number of New Central Air Conditioning Systems Installed by CoolBreeze

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Essay

The number of new central air conditioning systems installed by CoolBreeze, Inc. in each of the last nine years are listed below.
The number of new central air conditioning systems installed by CoolBreeze, Inc. in each of the last nine years are listed below.    Assuming a linear trend function, forecast the number of system installations CoolBreeze will perform in 2011 using linear trend regression. Assuming a linear trend function, forecast the number of system installations CoolBreeze will perform in 2011 using linear trend regression.


Definitions:

Opportunity Costs

The loss of potential gain from other alternatives when one alternative is chosen; the value of the next best choice.

Financial Investment

The purchase of a financial asset (such as a stock, bond, or mutual fund) or real asset (such as a house, land, or factories) in the expectation of financial gain.

Bank Certificate

A document issued by a bank certifying the deposit of money or financial instruments with a certain value.

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