Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013...

Suppose a firm has had the following historic sales figures.

Year:		2009		2010		2011		2012		2013
Sales	$	2,500,000	$	3,780,000	$	4,340,000	$	4,940,000	$	5,510,000

What would be the forecast for next year’s sales using regression to estimate a trend?

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jeff jeffy answered 1 year ago

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