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Suppose a firm has had the following historic sales figures.

Year:
2009

2010

2011

2012

2013
  Sales $ 1,550,000
$ 1,730,000
$ 1,620,000
$ 2,120,000
$ 1,830,000

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

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92844766

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