# Since 1995 the sales of cotton cloths, a small Cloth Factory, are as follows: Year Sales ($Million) 1995 7 2000

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## Question:

Year Sales ($Million)

1995 7

2000 10

2005 9

2010 11

2015 13

a) Determine the least squares trend line equation.

b) How much are sales increasing each 5 years?

c) What is the sales forecast for 2026?

**Related Book For**

## Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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