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