Evaluate the following statement: Because sales have increased at a steady rate over the last 10 years,

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Evaluate the following statement: “Because sales have increased at a steady rate over the last 10 years, the best way to forecast future sales is to use a linear time trend.”

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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