Determine the least square trend equation

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Reference no: EM1396285

The number of Employees of a major high tech company for 1999-2004 is given below:

Year Employees (in 000)

1 45, 600
2 42,200
3 41,100
4 39, 300
5 34,300
6 30,300

Determine the least square trend equation.

Estimate the number of employees in 2008.

By how much the number of employees decreases (or increases) per year on the average?

Reference no: EM1396285

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