Forecast the number of accidents

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Reference no: EM13709432

Describe Forecasting by least square method

Problem- The following gives the number of accidents that occurred on Florida State Highway 101 during the past 4 months:

MONTH NUMBER OF ACCIDENTS

January 30

February 40

March 60

April 90

Forecast the number of accidents that will occur in May, using Least-squares regression to derive a trend equation. PX

Define the forecasting and describe the least square method to calculate forecast the number of accidents.

Reference no: EM13709432

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