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Suppose a firm has had the following historic sales figures. Year: 2 0 1 6 2 0 1 7 2 0 1 8 2 0

Suppose a firm has had the following historic sales figures.

Year: $2016 2017 2018 2019 2020$

Sales $ $2, 560, 000$ $ $3, 820, 000$ $ $4, 480, 000$ $ $5, 050, 000$ $ $5, 670, 000$

What would be the forecast for next years sales using regression to estimate a trend?Suppose a firm has had the following historic sales figures.

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

Next year's sales

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