Question: A textbook publishing company has compiled data on total annual sales of its business texts for the preceding nine years: Year 1 2 3 4

A textbook publishing company has compiled data on total annual sales of its business texts for the preceding nine years:

Year 1 2 3 4 5 6 7 8 9
Sales (000): 37.20 44.80 47.40 51.60 55.70 57.30 60.50 69.90 73.80

a. Using an appropriate model, forecast textbook sales for each of the next five years. (Round your intermediate calculations to 3 decimal places and final answers to 2 decimal places.)

Year 10 11 12 13 14
Forecast

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