Question 1 Shown below are rental and leasing revenue figures for office machinery and equipment in the United States over a seven-year period…
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Question 1Shown below are rental and leasing revenue figures for office machinery and equipment in the UnitedStates over a seven-year period according to the U.S. Census Bureau. Use these data to run a linearregression and then forecast the rental and leasing revenue for the year 2012.Year Rental and Leasing ($ millions)2004 5,8602005 6,6322006 7,1252007 6,0002008 4,3802009 3,3262010 2,642
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