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Suppose a firm has had the following historic sales figures

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Suppose a firm has had the following historic sales figures.

Year: 2009 2010 2011 2012 2013
Sales $ 1,510,000 $ 1,730,000 $ 1,620,000 $ 2,010,000 $ 1,810,000

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

Next year’s sales

 
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