(Solution) - After a somewhat uncertain start e commerce sales in the United -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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After a somewhat uncertain start, e-commerce sales in the United States have been growing for the past several years. Shown below are quarterly e-commerce sales figures ($ billions) released by the Census Bureau for the United States over a three-year period. Use these data to determine the equation of a trend line for e-commerce sales during this time and use the trend "model" to forecast e-commerce sales for the third quarter of the year2010.