Forecast the rental and leasing revenue

Reference no: EM1392038

Shown below are rental and leasing revenue ?gures for of?ce machinery and equipment in the United States over a seven-year period according to the U.S. Census Bureau. Use these data to run a linear regression and then forecast the rental and leasing revenue for the year 2012.

Year       Rental and Leasing ($ millions)
2004                5,860
2005                6,632
2006                7,125
2007                6,000
2008                4,380
2009                3,326
2010                2,642

Reference no: EM1392038

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