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 a trend?

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Finance Applications and Theory

ISBN: 978-1259691416

4th edition

Authors: Marcia Cornett

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Question Posted: Apr 28, 2017 08:37 AM

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

Question:

Year: Sales 2012 S2,500,000 2013 2014 2015 2016 S3,750,000 S4,400,000 S5,000,000 $5,600,000

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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