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Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 2,560,000 $ 3,800,000 $ 4,310,000 $ 4,960,000

Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 2,560,000 $ 3,800,000 $ 4,310,000 $ 4,960,000 $ 5,610,000 What would be the forecast for next years sales using regression to estimate a trend?

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