Question
Year Revenues ($) 1 842,387 2 1,665,430 3 1,863,296 4 2,063,103 5 2,905,717 6 2,994,785 7 3,281,836 8 3,766,661 9 3,907,110 Forecast the utility revenue
Year | Revenues ($) |
1 | 842,387 |
2 | 1,665,430 |
3 | 1,863,296 |
4 | 2,063,103 |
5 | 2,905,717 |
6 | 2,994,785 |
7 | 3,281,836 |
8 | 3,766,661 |
9 | 3,907,110 |
Forecast the utility revenue for year 10 by using the least squares regression method
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
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