Question
Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 1,510,000 $ 1,730,000 $ 1,620,000 $ 2,010,000
Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 1,510,000 $ 1,730,000 $ 1,620,000 $ 2,010,000 $ 1,810,000 What would be the forecast for next years sales using regression to estimate a trend?
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
8th Edition
0324065914, 9780324065916
