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A linear trend equation for sales of the form was estimated using annual sales data for the period 2003 - 2010 (i.e., t =

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A linear trend equation for sales of the form was estimated using annual sales data for the period 2003 - 2010 (i.e., t = 2003, 2004, p-value on F 0.0093 2010). The results of the regression are as follows: Dependent Variable: Qt Observations: 8 Variable Intercept 0.7034 F -ratio 14.23 Parameter Estimate Standard Error t-ratio 12,046 6,075 -2.83 1.98 p-value 00298 0.0947

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