Suppose a firm has had the following historic sales figures. Year Sales ($) 2016

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Suppose a firm has had the following historic sales figures.

Year Sales ($)

2016 1,470,000

2017 1,700,000

2018 1,600,000

2019 2,170,000

2020 1,760,000

What would be the forecast for next year's sales using regression to estimate a trend?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Posted Date: Apr 25, 2024 03:25 AM

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Suppose a firm has had the following historic sales figures. Year Sales ($) 2016

Question:

Expert Answer:

To perform linear regression analysis on historical sales data well use Microsoft Office Excel or Go... View the full answer

Finance Applications and Theory

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