Question: Phase 3: Forecasting Sales for the year 2023: Regression Model Year Net Sales Forecast1 Forecast2 Forecast3 Forecast4 Regression 3935.9x-8000000 2018 9,714 R Squared 0.77 2019

Phase 3: Forecasting Sales for the year 2023:
Phase 3: Forecasting Sales for the year 2023: Regression Model Year Net Sales Forecast1 Forecast2 Forecast3 Forecast4 Regression 3935.9x-8000000 2018 9,714 R Squared 0.77 2019 11,716 Slope 3935.9 2020 10,918 Intercept -8000000 2021 16,675 2022 26,914 2023 26995.1 26995.1 -37674.3 -37674.3 FORECAST TREND Y=MX+B REG EQUATION Net Sales vs. Year $30,000 $25,000 y = 3935.9x - 8E+06 R2 = 0.7747 $20,000 Net Sales $15,000 . Series1 Linear (Series1) $10,000 $5,000 S- 2017 2018 2019 2020 2021 2022 2023 Year

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