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Suppose a firm has had the following historic sales figures. Year: 2012, 2013, 2014, 2015, 2016 Sales $ 1,500,000 $ 1,670,000 $ 1,580,000 $ 2,160,000

Suppose a firm has had the following historic sales figures. Year: 2012, 2013, 2014, 2015, 2016 Sales $ 1,500,000 $ 1,670,000 $ 1,580,000 $ 2,160,000 $ 1,890,000 What would be the forecast for next years sales using regression to estimate a trend?

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