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Earthly company had the following sales during the past 10 years (in thousands of dollars) -as shown in Table W1.Q5 below. Table HW1.Q5: Yearly revenues
Earthly company had the following sales during the past 10 years (in thousands of dollars) -as shown in Table W1.Q5 below. Table HW1.Q5: Yearly revenues (in thousand $) Year Actual Sale 2012 $200.00 2013 $190.50 2014 $210.60 2015 $220.00 2016 $246.00 2017 $290.00 2018 $310.00 2019 $315.20 2020 $325.16 2021 $326.45 Using the following OLS time-series trend regression model of Sales(Year) = intercept trend*Year and obtain statistical results for the intercept and the trend, the estimated 2022 revenue is in between _______ and _______, respectively. Group of answer choices $360; $365 $371; $385 $366; $370 $350; $359
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