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Suppose a firm has had the historical sales figures shown as follows. What would be the forecast for next year's sales using regression to estimate
Suppose a firm has had the historical sales figures shown as follows. What would be the forecast for next year's sales using regression to estimate a trend?
yr 2008 2009 2010 2011 2012
sale 800,000 810,000 825,000 835,000 850,000
how do you solve for the next years trend?
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