The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data: Year Enrollments 5
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The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:
Year | Enrollments |
5 Years ago | 900 |
4 Years ago | 700 |
3 Years ago | 600 |
2 Years ago | 500 |
Last Year | 300 |
What is the forecast for this year using the linear trend line for these data?
(Hint: Treat the value from 5 years ago as period 0, 4 years ago as period 1, etc.)
510 | ||
300 | ||
180 | ||
163 | ||
420 |
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