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Using Linear Regression Analysis, Equation Data For Actual Fire Claims
Compute the linear trend for Claims from 2001 to 2006.
III.- Compute the forecast of number of Claims for 2007 and 2008
IV.- Using the Linear Regression Analysis, write the linear equation that best fits the data for Actual Fire Losses.
V.- Compute the linear trend for Fire Losses from 2001 to 2006.
VI.- Compute the forecast of Fire Losses for 2007 and 2008
VII.- Present a graph for the Actual Values and the Linear Trend Values for Fire Claims for the whole period. Do the same for Fire Losses.