Suppose a firm has had the historic sales figures shown as follows. What would be the forecast

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Suppose a firm has had the historic sales figures shown as follows. What would be the forecast for next year€™s sales using regression to estimate atrend?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:53 AM

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Suppose a firm has had the historic sales figures shown as follows. What would be the forecast

Question:

Year. 2009 2010 2011 2012 2013 Sales S2,500,000 $3,750,000 S4,400,000 S5,000,000 S5,600,000

Step by Step Answer:

Since we are not instructed to deseasonalize the historic sales figures all we need to do is run a r...View the full answer

Finance Applications and Theory

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