# Answer to Question #74282 in Microeconomics for Zulfiqar Ali

Question #74282

An exploration into the demand of Mobile sets in the following urban towns has supplied the following data

Towns A B C D E F G H

Population (000) 12 15 15 18 18 22 26 30

Demand for Mobile Sets 16 18 18 31 35 39 47 50

Estimate the number of T.V sets demanded in H Town with a population of 35 thousands.

Show it on the graph also

Towns A B C D E F G H

Population (000) 12 15 15 18 18 22 26 30

Demand for Mobile Sets 16 18 18 31 35 39 47 50

Estimate the number of T.V sets demanded in H Town with a population of 35 thousands.

Show it on the graph also

Expert's answer

Using function "forecast" in excel we estimate the number of TV sets demanded in H Town with a population of 35 thousands to be 64.35 units

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