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Suppose a firm has had the following historic sales figures. Year: 2016 2017 2018 2019 2020 Sales $1,480,000 $1,660,000 $1,650,000 $2,150,000 $1,870,000 What would be

Suppose a firm has had the following historic sales figures.

Year: 2016 2017 2018 2019 2020
Sales $1,480,000 $1,660,000 $1,650,000 $2,150,000 $1,870,000

What would be the forecast for next years sales using regression to estimate a trend?

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