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Suppose a firm has had the following historic sales figures. Year: 2012 2013 2014 2015 2016 Sales $1,440,000 $1,720,000 $1,550,000 $2,060,000 $1,810,000 What would be

Suppose a firm has had the following historic sales figures.

Year:

2012

2013

2014

2015

2016

Sales

$1,440,000

$1,720,000

$1,550,000

$2,060,000

$1,810,000

What would be the forecast for next year's sales using regression to estimate a trend?

Next Year's Sales _______________________________________

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