Question: A firm needs to develop a sales forecast for next year for its RV sales. Please show all work 4. A firm needs to develop

A firm needs to develop a sales forecast for next year for its RV sales. Please show all work

A firm needs to develop a sales forecast for next

4. A firm needs to develop a sales forecast for next year for its RV sales. It believes that its annual sales are related to the sales of its industry. It has prepared these historical data: Industry Sales (millions of dollars) Firm's Annual Sales (number of RVs) 536 791 98 137 112 145 650 813 702 120 103 575 684 116 If estimates of industry sales next year are $725 million, use simple linear regres- sion to forecast annual demand for the firm's RVs for next year

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