Listed are the net sales (in millions of euros) for the Adidas Group from 2014 to 2021.
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Listed are the net sales (in millions of euros) for the Adidas Group from 2014 to 2021.
a. Determine the index for 2021 using 2014 as the base period.b. Use the period 2014 to 2016 as the base period and find the index for 2021.c. Use regression analysis to find the trend equation. What is the estimated net sales for 2022 and 2023? What is the rate of increase per year?
Transcribed Image Text:
Year 2014 2015 2016 2017 2018 2019 2020 2021 Net Sales 14,534 16,915 18,483 21,218 21,915 23,640 19,844 22,448
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a To determine the index for 2021 using 2014 as the base period we can use the following formula Ind...View the full answer
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Related Book For
Statistical Techniques In Business And Economics
ISBN: 9781265779696
19th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
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