On the following page is the net sales in $ million for Home Depot Inc. and its
Question:
On the following page is the net sales in $ million for Home Depot Inc. and its subsidiaries from 1993 to 2012.
Determine the least squares equation. On the basis of this information, what are the estimated sales for 2014 and2015?
Transcribed Image Text:
Year Net Sales 1993 $9,239 994 12,477 1995 15,470 1996 19,535 1997 24,156 1998 30,219 1999 38,434 Year Net Sales 2000 $45,738 2001 2002 58,247 2003 64,816 2004 73,094 2005 81,511 2006 90,837 Year Net Sales 2007 $77,349 200871,288 2009 66,176 2010 67,997 2011 70,395 2012 74,754 53,553
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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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