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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Year: Sales 2012 S2,500,000 2013 2014 2015 2016 S3,750,000 S4,400,000 S5,000,000 $5,600,000
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Since we are not instructed to deseasonalize the historic sales figures all we need to do is run a r...View the full answer
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