Question
Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $2,580,000 $3,850,000 $4,470,000 $4,930,000 $5,660,000 What would be
Suppose a firm has had the following historic sales figures.
Year: 2009 2010 2011 2012 2013
Sales $2,580,000 $3,850,000 $4,470,000 $4,930,000 $5,660,000
What would be the forecast for next year's sales using regression to estimate a trend?
Next year's sales$
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
