Suppose a firm has had the historical sales figures
Suppose a firm has had the historical sales figures shown as follows.
What would be the forecast for next year’s sales using regression to estimate a trend?
Year 2008 2009 2010 2011 2012
Slaes $2,500,000 $2,800,000 $2,200,000 $2,400,000 $2,600,000