Develop a trend equation for the net sales ($ million) for Home Depot. Consider both a linear
Question:
Develop a trend equation for the net sales ($ million) for Home Depot. Consider both a linear trend and a nonlinear trend. Which one would you select and why? Given the trend equation you selected, forecast the net sales for 2014 and2015.
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The linear trend line for net sales is 11456 3830t The logarithmic trend li...View the full answer
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Related Book For 
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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