A small company is selling a new board game, and they need to know how many to produce in the future.
After 12 months, they sold 4 thousand games; after 18 months, they sold 7 thousand games; and after 36 months, they sold 15 thousand games.
Could this information be reasonably estimated using a single linear model?
Yes
No
If so, use the model to estimate the number of games sold after 48 months. If not, explain your reasoning.
Below list two key ideas from the lesson: