In January, the manager of a music company released two new songs: 'Rock2U' and 'Shining Lights'. In February, a new song 'My Sweetie' was released. A user pays 2 zeds for each download of any one of the songs. The following graph shows the number of downloads from January to June.
The manager is worried because the number of downloads for 'Shining Lights' has decreased from February to June. What is the best estimate of downloads for July if the same negative trend continues for ‘Shining Lights’?
Answer
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1500
Based on the data provided, it appears that the release of 'My Sweetie' had a positive impact on the overall number of downloads for the music company. However, there is a concerning trend for 'Shining Lights' as the number of downloads has decreased from February to June. To estimate the number of downloads for July, we can apply a linear regression model to the data. This model uses a straight line to represent the trend of the downloads, and we can use this line to forecast the future downloads.