Question
We have data on sales from T=1 to 10. Your regression analysis using a linear model Sales = a + bT shows that a =
We have data on sales from T=1 to 10. Your regression analysis using a linear model Sales = a + bT shows that a = 2 and b = 4.
Please use the results to forecast the sales at T=11.
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42
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44
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
