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Using the time series data in the table, respond to the following items. Period Sales 1 $ 1 , 0 0 1 2 1 ,
Using the time series data in the table, respond to the following items.
Period Sales
$
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d Compute all possible forecasts using a trend forecasting model using simple linear regression? Round your answers to decimal places.
d What is the MAD? Round your answer to decimal places.
d What is the trend equation based on the regression analysis? Round your answers to decimal places.
e What is the predicted annual change of industry sales? Round your answer to decimal places.
f Predict sales for the next three periods. Round your answers to decimal places.
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