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Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 1,400,000 $ 1,730,000 $ 1,570,000 $ 2,030,000
| Suppose a firm has had the following historic sales figures. |
| Year: | 2009 | 2010 | 2011 | 2012 | 2013 | ||||||||||
| Sales | $ | 1,400,000 | $ | 1,730,000 | $ | 1,570,000 | $ | 2,030,000 | $ | 1,870,000 | |||||
What would be the forecast for next years sales using regression to estimate a trend? |
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Fundamentals of Financial Management
Authors: Eugene F. Brigham
Concise 9th Edition
1305635937, 1305635930, 978-1305635937
