Question: A company hires you to develop a linear regression forecasting model. The dependent variable is annual sales and the single independent variable is the year.

A company hires you to develop a linear
A company hires you to develop a linear regression forecasting model. The dependent variable is annual sales and the single independent variable is the year. You have enough historical data to create the model. Using the model, the annual sales for year is $1200 and the annual sales for year 10 is 800. What is the coefficient ot year, 60 40 40 - 1.800 50

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